516 North Main Street

Bloomington, IL 61701

$325,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Currently used as a grocery store with 4 units upstairs for lease.Currently used as a grocery store with 4 units upstairs for lease.
  1. Listed by Stephen Sovereign • Coldwell Banker Real Estate Group

Property Details for 516 North Main Street

Area
Bloomington
Township
City of Bloomi
Num of Interior Fireplaces
0
Zoning
COMMR
LISTING UPDATED: 11/15/2024 03:08 PM

Property Details for 516 North Main Street

StatusActive
MLS #12195386
Days on Market60
Taxes$3,848 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.13 AC / 5,679 SF
CountyMcLean County

Building Information for 516 North Main Street

Stories3Residences5Year Built-Lot Size0.13 AC / 5,679 SF

Property Information for 516 North Main Street

General Information
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 4
  • # Of Refrigerators: 4
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 5679
  • Lot Size Square Feet: 5679.0
  • Stories: 3
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Ranges: 4
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-11-15T20:57:19
  • Photos Count: 62
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $48,000.00
  • Gross Scheduled Income: $48,000.00
  • Insurance Expense: $2,100.00
  • Total Monthly Income: 4000
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,400.00

Property History for 516 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 516 North Main Street

Taxable ValueLand$6,623Additions$39,416Total$46,039
Tax Record2023$3,848 ($321 / month)
Home Facts
Total Finished SqFt5,454 SqFtAbove Grade Finished SqFt5,454 SqFtStories3Lot Size2,055 SqFtStyleMiscellaneous CommercialCountyMCLEANAPN21-04-182-011

Schools near 516 North Main Street

This home is within Bloomington School District 87.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Sheridan Elementary School
PublicK to 5

Bloomington Jr High School
Public6 to 8

Bloomington High School
Public9 to 12

St Mary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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516 North Main Street is a mixed use property for sale in Bloomington, IL 61701. This property was listed for sale on November 1, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $325,000. It has been on the market for a total of 60 days and was last sold on November 5, 2007. This listing's school district is Bloomington School District 87. Nearby schools include Sheridan Elementary School, Bloomington Jr High School and Bloomington High School. 516 North Main Street is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/15/2024 03:08 PM. 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.