
506 N McLean Street, Bloomington, IL 61701
Not Applicable · McLean County
Key Facts
Description
Investors, this is one you've been waiting for! Currently tenant-occupied through March, this well-maintained 3 bedroom, 1 bathroom property is ready to generate income from day one. This could be packaged with 502 S Gridley, Bloomington.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Victorian
Year Built
1920
Living Area
1,344 sq ft
Lot Dimensions
39 X 60
Ownership
Fee Simple
Zoning
R2
Days on Market
12
MLS® Listing#
12694454
Property Features
Cooling
Heating
Fireplace
Basement
Fencing
Lot Features
Construction
Sewer
Water Source
Rooms
- Bedroom 210X13Second
- Bedroom 310X10Second
- Bedroom 4
- Dining Room12X18Main
- Family Room
- Kitchen11X13Main
- Laundry
- Living Room14X15Main
- Master Bedroom10X17Second
Schools
- Elementary:
- Sheridan Elementary
- Middle:
- Bloomington Jr High School
- High:
- Bloomington High School
- District:
- Bloomington High School
Financial Details
Annual Taxes
$2,604
Tax year 2025
Parcel Number
2104259016
Directions
Washington - N to Mclean
Affordability Calculator
$31,000
Estimated monthly payment
$825/mo
Principal $124,000 · Est. interest $172,991 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bloomington, IL
- $324,390
- Median Listing Price
- 40
- Median Days on Market
- 2,412
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 114
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bloomington, IL.
Location
Map is currently unavailable for this location.
Points of Interest in Bloomington, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1210 N Madison Street, Bloomington, IL | $109,000 | 2 | 1 | 2,244 |
| 2802 E Lincoln Street 1B, Bloomington, IL | $109,900 | 2 | 1 | 938 |
| 1009 W Monroe Street, Bloomington, IL | $114,900 | 4 | 2 | 2,242 |
| 918 N Oak Street, Bloomington, IL | $115,000 | 2 | 2 | 1,828 |
| 801 Fremont Street, Bloomington, IL | $119,700 | 2 | 1 | 1,008 |
| 604 S Western Avenue, Bloomington, IL | $120,000 | 3 | 1 | 708 |
Moving Cost Estimate
EXIT Agents in Bloomington
Listing Courtesy: Couillard and Company - 3098274663
Last Updated: 2026-07-06

















