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506 E. Chestnut
Unit Mix:
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(1) 2-bed, 1-bath @ $850 pm
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(1) 3-bed, 1-bath @ $885 pm
Smart investment opportunity in a desirable east side neighborhood! This updated two-unit property is fully occupied and generating strong cash flow. The main floor unit features two bedrooms and is leased through the end of the year, while the upper unit offers three bedrooms and is leased through April 2026. Each unit has separate mechanicals, and shared laundry is available in the basement. A detached garage provides additional income potential. Exterior freshly painted fall, 2025.
Highlights
Bloomington, Illinois is a strong market for rental property investors, with limited housing inventory fueling demand for quality rentals. Low vacancy rates, steady rent growth, and a diverse tenant base—including professionals, families, and university students—create a stable environment for consistent occupancy and reliable cash flow.
Listing Agents
Highlights
Bloomington, Illinois is a strong market for rental property investors, with limited housing inventory fueling demand for quality rentals. Low vacancy rates, steady rent growth, and a diverse tenant base—including professionals, families, and university students—create a stable environment for consistent occupancy and reliable cash flow.