501 Grove St
Bloomington, IL 61701
7 bd 6 ba 3,900 sqft Built 1904 Lot 8,712 sqft multi_family
Most recent sale
$199,900
Mar 6, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 6, 2024 | Sold | $199,900 | MRED |
| Feb 1, 2024 | Listed | $199,900 | MRED |
| Dec 18, 2019 | Listing removed | $110,000 | MRED |
| Jan 25, 2019 | Sold | $102,000 | Public Record |
| Jan 16, 2019 | Listed | $105,000 | MRED |
| Jan 14, 2019 | Sold | $102,000 | MRED |
| Nov 9, 2018 | Listed | $105,000 | MRED |
| Jan 1, 1992 | Sold | $74,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $33,944 | $8,208 | $42,152 | $3,523 |
| 2022 | $30,346 | $7,338 | $37,684 | $3,202 |
| 2021 | $27,780 | $6,717 | $34,497 | $2,931 |
| 2020 | $26,712 | $6,459 | $33,171 | $2,811 |
| 2019 | $26,712 | $6,459 | $33,171 | $2,803 |
| 2018 | $26,712 | $6,459 | $33,171 | $2,791 |
| 2017 | $26,712 | $6,459 | $33,171 | $2,792 |
| 2016 | $26,712 | $6,459 | $33,171 | $2,787 |
| 2015 | $26,712 | $6,459 | $33,171 | $2,779 |
| 2014 | $26,712 | $6,459 | $33,171 | $2,691 |
| 2013 | $26,712 | $6,459 | $33,171 | $2,648 |
| 2012 | $27,006 | $6,530 | $33,536 | $2,638 |
| 2010 | $27,911 | $6,749 | $34,660 | $2,701 |
| 2009 | $27,911 | $6,749 | $34,660 | $2,683 |
| 2008 | $27,006 | $6,530 | $33,536 | $2,555 |
Property facts
Year built
1904
Property type
multi_family
Stories
—
Beds
7
Baths
6
Living area
3,900 sqft
Lot size
8,712 sqft
ZIP code
61701
City
Bloomington
Street
Grove St
Coordinates
40.47770, -88.98826
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,199
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Grove St last sell?
501 Grove St most recently sold on Mar 6, 2024 for $199,900.
What is the current tax assessment for 501 Grove St?
The most recent total assessment for 501 Grove St (year 2023) is $42,152 with $3,523 in property tax.
How does 501 Grove St's assessment compare to its last sale price?
The current assessment is 78.9% below the last sale price of $199,900.
When was 501 Grove St built?
501 Grove St was built in 1904.
How does 501 Grove St compare to others on Grove St?
We track 8 other properties on Grove St. Browse the list under "Other properties on Grove St" to compare beds, baths, and sale history.
What are the property facts for 501 Grove St?
501 Grove St is a 7 bed, 6 bath, 3,900 sqft, 8,712 sqft lot multi_family.
Is 501 Grove St a flip candidate?
No — 501 Grove St does not appear in our flips dataset.
Is 501 Grove St a tax-appeal candidate?
No — 501 Grove St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove St