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Sold on 10/13/2021
Jared Litwiller of Coldwell Banker Real Estate Group

507 Douglas St, Bloomington, IL 61701

  • $188,000

    Last sold 10/13/2021 for $130K

  • 2

    bed

  • 2

    bath

  • 2,266

    Sqft ($57/Sqft)

Multi-family not for sale
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About 507 Douglas St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Rental estimate
Property description
Great Cash flow on this converted duplex!! Tons of recent updates with lots of old time charm! Would make a great live in one unit let the other make your payments. Very easy to rent, stays full. More photo's on request.
Listed by
Listing Agent - Jared Litwiller
Listing Office - Coldwell Banker Real Estate Group
Source: MRED mls logo
MLS#11217437 • last updated 4 years ago
Movoto checked MRED for data 5 minutes ago
Overview
Heating Natural Gas
Levels/Style Traditional
MLS # 11217437
SubType 2 Story Unit/s
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.13
Property Tax $ 2004.02
Interior
Basement Full
Total # of Rooms 9
Exterior
Foundation Brick/Mortar
Roof Asphalt
Exterior Vinyl Siding
Parking Desc Space/s
# Parking Spaces 4
Exterior Features Deck
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
Other Equipment Ceiling Fan(s)
# Units in Building 2
Location
Area Bloomington
County Mc Lean
Subdivision Not Applicable
Elementary School Sheridan Elementary
Elementary School District 87
High School Bloomington High School
Middle School District 87
Middle School Bloomington Jr High School
High School District 87
APN 2104260005
Zoning MULTI
Directions Clinton To Douglas West On Douglas
Multifamily Details
Unit 2: # Full Bath 1
Unit 1: # Full Bath 1
Unit 1: SqFt 1133
Unit 2: SqFt 1133
Unit 1: Total # of Rooms 5
Unit 2: Total # of Rooms 4
Unit 1: Lease Expiration Date 01/20
Unit 2: Lease Expiration Date 02/20
Unit 1: Security Deposit 795
Unit 2: Security Deposit 695
Unit 1: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Net Operating Income 13972
Gross Income 17640
Unit 2: Rent 695
Unit 1: Rent 780
Total Rental Income 17640
$188K
Range: $176K-$199K
Last 30 days 
Rental est.: $1,428/month
Gross rent multiplier: 7.6 - Good
  • Dec 2021
    Public Records
  • Dec 14, 2021 Sold
    $130,000
  • Dec 2021
    mls logo MLS # 11217437
  • Dec 3, 2021 Sold
    $130,000 (-3.6%)
  • Oct 13, 2021 Active
    —
  • Oct 7, 2021 Price Change
    $134,900 (-3.6%)
  • Sep 25, 2021 Price Change
    $139,900 (-3.5%)
  • Sep 13, 2021 Listed
    $145,000 (+19.3%)
  • Dec 2020
    Public Records
  • Dec 7, 2020 Sold
    $121,500
  • Nov 2020
    mls logo MLS # 10841703
  • Nov 9, 2020 Sold
    $121,500 (-2.3%)
  • Sep 14, 2020 Contingent
    —
  • Sep 10, 2020 Price Change
    $124,400 (-0.4%)
  • Sep 1, 2020 Listed
    $124,900 (+5.0%)
  • May 2020
    mls logo MLS # 10708753
  • May 28, 2020 Cancelled
    —
  • May 15, 2020 Price Change
    $119,000 (-0.8%)
  • May 6, 2020 Listed
    $120,000 (+75.2%)
  • Apr 2011
    Public Records
  • Apr 15, 2011 Sold
    $68,500
  • Year Property taxes Tax assessment
  • 2024
    $2,518 +0.3%
    $31,050 +3.34%
  • 2023
    $2,511 +10.0%
    $30,046 +11.86%
  • 2022
    $2,283 +9.2%
    $26,861 +9.24%
  • 2021
    $2,090 +4.3%
    $24,589
  • 2020
    $2,004 +0.3%
    $24,589 +4.0%
  • 2019
    $1,998 +0.4%
    $23,643
  • 2018
    $1,990
    $23,643
  • 2017
    $1,991 +0.2%
    $23,643
  • 2016
    $1,987 -3.9%
    $23,643
  • 2015
    $2,068 +3.3%
    —
  • 2014
    $2,002
    —
  • 507 Douglas St
    $130K
  • Near East
    $147K +103% y/y
  • 61701
    $176K -3% y/y
  • Bloomington
    $299K +10% y/y
No chart available
Statistics calculated by Movoto

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2/10
Sheridan Elementary School
public Grades K-5
Bloomington School District 87
2/10
Bloomington Jr High School
public Grades 6-8
Bloomington School District 87
3/10
Bloomington High School
public Grades 9-12
Bloomington School District 87
Source: GreatSchools.org © 2026. All rights reserved.

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