Listing Courtesy of Coldwell Banker Real Estate Group, Virgil Bev , bvirgil@coldwellhomes.com

500 S Prospect, Bloomington, Illinois, 61704

Location! All brick ranch duplex located at the corner of Prospect and Grandview (one block north of Oakland Ave). This is an estate being sold as is but in great condition. 2 bedrooms and 1 bath each with partially finished basements. Laundry in the basement. Great space with some updates in front unit flooring in bathroom, hallway and basement family room. HVAC replaced in 2002 and one AC in 2011. The unit on Grandview side has a generator. 2 car detached garage with interior wall gives each renter their own space. The property is on Septic but can be connected to city sewer across the street. One tenant would like to remain and the other tenant will vacate by Dec 31st. Rents could be increased substantially. Tenants will be present at all showings and will need 24 hour notice. Don't miss out on this opportunity to invest or live on one side and rent the other!

Pending Sale

$285,000

Multi-family

4 bds

2 ba

MLS

12513981

Built in 1975

6233.72 (2024)

Disclaimer: The information contained in this listing has not been verified by Coldwell Banker Real Estate Group and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 500 S Prospect
  • City: Bloomington
  • State: Illinois
  • County: McLean
  • Directions:
    Corner of Prospect and Grandview, one block north from Oakland Ave

PROPERTY FEATURES

General Information

  • General Information : School Bus Service

Heating /Cooling Features

  • Heating : Forced Air

Rooms Information

  • Bedrooms (Below Grade) : 0

Parking Features

  • 2 Total Parking
  • Parking Features : Yes
  • 2 Garage Spaces

Construction Features

  • Construction Materials: Brick

Utility Information

  • Water Source : Public
  • Sewer Source : Shared Septic

SCHOOLS NEAR 500 S Prospect

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of Coldwell Banker Real Estate Group, Virgil Bev
  • Property last updated on MRED : 12/8/2025 1:02:12 AM