Sold273d on marketHistoric · 122 yrs
501 E Grove St
Bloomington, IL, 61701 • 61701 • McLean County
$245,000
7Beds
6Baths
0.2 acLot
1904Built
Property DNA
Traditional,Victorian Style
Built 1904 · 122 years of history
Dimmitts Grove
61701
1-Car Garage
No Garage · On Site · Garage Owned · Detached · Unassigned · Driveway · Owned · Garage
This home is getting attention
Listed 273 days ago · 6 views
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
273 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 41% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1904 · Historic
Fantastic Investment opportunity with this 4-unit apartment building in Beautiful and Historic Dimmit's Grove! Great Cashflow already with tons of room to increase.
Estimated monthly payment
Based on current rates
$1,614/month
Principal & Interest$1,288
Property Tax$245
Insurance$82
Down payment20% ($49,000)
3%50%
Est. 6.88% rate · 30yr fixed · $196,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1904
HeatingNatural Gas
Parking1 Garage space
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTraditional,Victorian
Year built1904
Systems
HeatingNatural Gas
RoofAsphalt
ConstructionFrame, Asbestos
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingNo Garage, On Site, Garage Owned, Detached, Unassigned, Driveway, Owned, Garage
Garage1 spaces
BasementUnfinished,Full
Lot8,712 sqft
Location & Tax
Neighborhood61701
ZoningMULTI
Annual tax$3,532
Parcel2104419001
Bathrooms & Fees
Full baths6
Features & details
9 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Exterior
Lighting
Parking
No Garage
On Site
Garage Owned
Detached
Unassigned
Driveway
Owned
Garage
Construction
Frame
Asbestos
Lot Features
Level
Community
Sidewalks
Street Lights
Street Paved
Security
Carbon Monoxide Detector(s)
Other Equipment
Ceiling Fan(s)
Other Structures
None
Listing insights
Market data and value estimates
StatusSold
Days on market273
Est. value$248,700
Est. rent$1,250/mo
Tax rate2.08%
On marketJun 8, 2025
PostedJun 8, 2025
Last sold$245,000
MLS statusClosed
MLS updatedJul 10, 2025
Tour days6
Views6
How are the schools in Bloomington?
3 schools rated nearby
Location
Bloomington, IL, 61701
Price history
19 events
DateEventPrice$/sqftSource
Jul 9, 2025Sold$245,000—MRED as distributed by MLS GRID
Jun 13, 2025Pending Sale$250,000—RMLS Alliance as distributed by MLS GRID
Jun 10, 2025Contingent$250,000—MRED as distributed by MLS GRID
Jun 8, 2025Listed For Sale$250,000—MRED as distributed by MLS GRID
Mar 8, 2024Sold$199,900—Public Record
Feb 3, 2024Pending Sale$199,900—MRED as distributed by MLS GRID
Feb 1, 2024Listed For Sale$199,900—MRED as distributed by MLS GRID
Jan 25, 2019Sold$102,000—Public Record
Jan 15, 2019Pending Sale$105,000—Keller Williams - Bloomington
Jan 15, 2019Listed For Sale$105,000—Keller Williams - Bloomington
Nov 18, 2018Listing Removed$105,000—Keller Williams Realty Bloomington
Nov 9, 2018Listed For Sale$105,000—Keller Williams - Bloomington
Oct 10, 2018Listing Removed$550—AB Rentals Inc.
Jul 25, 2018Listed For Rent$550—AB Rentals Inc.
May 1, 2018Listing Removed$110,000—Keller Williams Realty Bloomington
Mar 2, 2018Price Change$110,000—Bloomington
Nov 7, 2017Listed For Sale$125,000—Keller Williams - Bloomington
Nov 7, 2017Listing Removed$550—AB Rentals, Inc
Jun 23, 2017Listed For Rent$575—Zillow Rental Manager
Sold$245,000
Jul 9, 2025•MRED as distributed by MLS GRID
Pending Sale$250,000
Jun 13, 2025•RMLS Alliance as distributed by MLS GRID
Contingent$250,000
Jun 10, 2025•MRED as distributed by MLS GRID
Listed For Sale$250,000
Jun 8, 2025•MRED as distributed by MLS GRID
Sold$199,900
Mar 8, 2024•Public Record
Pending Sale$199,900
Feb 3, 2024•MRED as distributed by MLS GRID
Listed For Sale$199,900
Feb 1, 2024•MRED as distributed by MLS GRID
Sold$102,000
Jan 25, 2019•Public Record
Pending Sale$105,000
Jan 15, 2019•Keller Williams - Bloomington
Listed For Sale$105,000
Jan 15, 2019•Keller Williams - Bloomington
Listing Removed$105,000
Nov 18, 2018•Keller Williams Realty Bloomington
Listed For Sale$105,000
Nov 9, 2018•Keller Williams - Bloomington
Listing Removed$550
Oct 10, 2018•AB Rentals Inc.
Listed For Rent$550
Jul 25, 2018•AB Rentals Inc.
Listing Removed$110,000
May 1, 2018•Keller Williams Realty Bloomington
Price Change$110,000
Mar 2, 2018•Bloomington
Listed For Sale$125,000
Nov 7, 2017•Keller Williams - Bloomington
Listing Removed$550
Nov 7, 2017•AB Rentals, Inc
Listed For Rent$575
Jun 23, 2017•Zillow Rental Manager
Tax history
20 years of records
YearTax paidAssessed value
Apr 9, 2024$3,532$43,560
Apr 9, 2023$3,523$42,152
Apr 9, 2022$3,203$37,684
Apr 9, 2021$2,932$34,497
Apr 9, 2020—$33,171
Apr 9, 2019—$33,171
Apr 9, 2018$2,792$33,171
Apr 9, 2017$2,792$33,171
Apr 9, 2016$2,793$33,171
Apr 9, 2015$2,780$33,171
Apr 9, 2014$2,780$33,171
Apr 9, 2013$2,649$33,171
Apr 9, 2012$2,711$33,536
Apr 9, 2011$2,711$34,660
Apr 9, 2010$2,701$34,660
Apr 9, 2009$2,683$34,660
Apr 9, 2008$2,630$34,392
Apr 9, 2007$2,555$33,536
Apr 9, 2006—$31,464
Apr 9, 2005—$30,817
Nearby homes
Neighborhood details
Local context around this listing
Bloomington, IL • McLean County
Nearby cities
BloomingtonChenoaDownsGridleyHeyworthHudsonLe RoyLexington
Nearby zip codes
61701617026170461705617096171061761617726179161799
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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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