Sold432d on market
506 S Gridley St
Bloomington, IL, 61701 • 61701 • McLean County
$11,000
0.17 acLot
Property DNA
Dimmitts Grove
61701
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
432 days on market
Established listing
About this home
Lot
Excellent location, in the heart of Bloomington! One block from the Library, adjacent to the thriving Downtown life... This parcel has the special new Bloomington zoning of "RD", which allows for exceptions to the normal rules for building. So, the backset and offset requirements are much, MUCH more flexible, allowing for a larger house to be built on the lot. :-) With direct access from the alley, the rear of the property makes for great parking. This would be an ideal lot to build a two-flat building! (((NOTE: The zoning is marked "RD2" only because the correct zoning of "RD" is not an available option in the MLS yet, and this required field had to be completed to activate the listing. The correct zoning is "in the process" of being added to the MLS, eventually.)))
Estimated monthly payment
Based on current rates
$72/month
Principal & Interest$57
Property Tax$11
Insurance$4
Down payment20% ($2,200)
3%50%
Est. 6.75% rate · 30yr fixed · $8,800 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerMunicipal Water
Parking & Outdoor
BasementNone
Lot7,405 sqft
Location & Tax
Neighborhood61701
ZoningOTHER
Annual tax$629
Parcel2104460003
Features & details
2 categories of property features
Interior Features
Laundry
None
Exterior Features
Utilities
Electricity Nearby
Natural Gas Nearby
Sewer Nearby
Water Nearby
Listing insights
Market data and value estimates
StatusSold
Days on market432
Est. rent$1,044/mo
Tax rate2.08%
On marketSep 11, 2024
PostedSep 11, 2024
Last sold$11,000
MLS statusClosed
MLS updatedJan 30, 2025
Tour days6
Views1
How are the schools in Bloomington?
3 schools rated nearby
Location
Bloomington, IL, 61701
Price history
3 events
DateEventPrice$/sqftSource
Jan 30, 2025Sold$11,000—MRED as distributed by MLS GRID
Dec 12, 2024Pending Sale$12,000—MRED as distributed by MLS GRID
Sep 11, 2024Listed For Sale$12,000—MRED as distributed by MLS GRID
Sold$11,000
Jan 30, 2025•MRED as distributed by MLS GRID
Pending Sale$12,000
Dec 12, 2024•MRED as distributed by MLS GRID
Listed For Sale$12,000
Sep 11, 2024•MRED as distributed by MLS GRID
Tax history
20 years of records
YearTax paidAssessed value
Apr 8, 2024$694$8,561
Apr 8, 2023$629$7,531
Apr 8, 2022$597$7,022
Apr 8, 2021$565$6,653
Apr 8, 2020—$6,574
Apr 8, 2019—$6,574
Apr 8, 2018—$6,574
Apr 8, 2017$553$6,574
Apr 8, 2016$553$6,715
Apr 8, 2015$550$6,561
Apr 8, 2014$550$6,561
Apr 8, 2013$514$6,432
Apr 8, 2012$557$6,503
Apr 8, 2011$557$7,123
Apr 8, 2010$471$6,038
Apr 8, 2009$467$6,038
Apr 8, 2008$417$5,459
Apr 8, 2007$406$5,323
Apr 8, 2006—$5,192
Apr 8, 2005—$5,085
Nearby homes
Neighborhood details
Local context around this listing
Bloomington, IL • McLean County
Nearby cities
BloomingtonChenoaDownsGridleyHeyworthHudsonLe RoyLexington
Nearby zip codes
61701617026170461705617096171061761617726179161799
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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