2 months on rocket

506 S Gridley St, Bloomington, IL, 61701

$12,000

0.17 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #12159834
Lot Size0.17 Acres
StatusActive

About 506 S Gridley St

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.)))

Property Details

Property Features

Listing Office:

  • Office Name: Brilliant Real Estate
  • Office Phone: (309) 828-4663
  • Listing Agent: Nicholas Butzirus

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: From Washington, S on Gridley

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000

Tax Information:

  • Annual Amount: $557
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IL.

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Bloomington, IL

City

Med. Sold Price

$253.3K

Med. Price/SqFt

$109

Avg. Days On Market

23

# of Sold Homes

106

506 S Gridley St vs Bloomington

66 DAYS ON ROCKET

+43 Days

$12,000

-$241.3K Less

KEY TAKEAWAY

This property is $241.3K less than the Median Sold Price in Bloomington, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12159834

Listing Office:

  • Office Name: Brilliant Real Estate
  • Office Phone: (309) 828-4663
  • Listing Agent: Nicholas Butzirus

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$557$6,574
2019$556$6,574
2018$553$6,574
2017$553$6,574

History based on county public records data.

Payment Calculator

$127

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$102

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-404949
5
/10

  • Irving Elementary School

  • 602 W Jackson St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-404950
8
/10

  • Washington Elementary School

  • 1201 E Washington St

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-404951
2
/10

  • Bent Elementary School

  • 904 N Roosevelt Ave

  • 0.93 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,580. Most Bloomington, IL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Bloomington, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Bloomington, IL.

Bloomington's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of Victorian, ranch, and colonial styles commonly found. The housing stock also includes a selection of condominiums and townhouses, accommodating various preferences and lifestyles. The homeownership rate in Bloomington is robust, with a significant majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

What is it like to live in Bloomington, IL?

Bloomington prides itself on a vibrant community spirit and a rich historical backdrop. The city's character is defined by its blend of urban amenities and small-town charm, with a variety of local events and festivals that celebrate its cultural heritage. Residents and visitors alike enjoy the community's green spaces, local arts scene, and the sense of connectivity that pervades neighborhood gatherings and public celebrations.

Is it easy to get around Bloomington, IL without a car?

The city is served by a comprehensive array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is readily accessible, with several clinics and a hospital that provides emergency services, primary care, and specialized treatments. Bloomington also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering both familiar chains and unique local businesses that contribute to the city's distinct flavor.

Transportation in Bloomington, IL.

Transportation in Bloomington includes a variety of options for residents and visitors. The city's public transit system facilitates movement around the area, with bus routes connecting key destinations. While specific schedules vary, services are designed to accommodate peak commuting times. The community also supports ride-sharing options, enhancing mobility for those without private vehicles. Bloomington is characterized by areas that are pedestrian-friendly, particularly in the downtown district, and there are initiatives to improve bikeability. The city's road network provides efficient access to major highways, simplifying travel to and from the city.

Frequently Asked Questions About 506 S Gridley St

What is the listing price of this property?

The listing price of 506 S Gridley St property is $12,000.

What type of property is this?

The property 506 S Gridley St is land located in Bloomington, Illinois, 61701.

Is this property for sale now?

Active Listing: 506 S Gridley St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $557 (source: MLS/based on county public records data).

How much acreage is this property?

The property 506 S Gridley St is 0.17 acres.
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Rocket Homes›Illinois›McLean County›Bloomington›61701›506 S Gridley St

This home is located at 506 S Gridley St in Bloomington, IL and zip code 61701. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $12,000.

Over 40 listings were sold over their listed price in October 2024 in Bloomington, IL. In the same period over 49 listings were sold below the listed price and 17 listings were sold for the listed price. In October 2024 in Bloomington, IL there were 4.5% less homes for sale than in September 2024. In October 2024 median list price was $253,316 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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