502 Locust St
Bloomington, IL 61701
3 bd 3 ba Built 1912 Lot 20,910 sqft multi_family
Most recent sale
$125,000
Sep 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 18, 2025 | Sold | $180,000 | MRED |
| May 6, 2025 | Price changed | $199,900 | MRED |
| Apr 17, 2025 | Price changed | $210,000 | MRED |
| Jan 17, 2025 | Price changed | $219,500 | MRED |
| Jan 3, 2025 | Price changed | $219,900 | MRED |
| Dec 6, 2024 | Listed | $225,000 | MRED |
| Oct 18, 2024 | Price changed | $229,900 | MRED |
| Oct 15, 2024 | Price changed | $244,900 | MRED |
| Oct 9, 2024 | Listed | $249,900 | MRED |
| Jul 8, 2024 | Price changed | $170,000 | MRED |
| Jul 1, 2024 | Price changed | $179,900 | MRED |
| Jun 24, 2024 | Price changed | $189,900 | MRED |
| Jun 15, 2024 | Price changed | $199,900 | MRED |
| Jun 10, 2024 | Price changed | $215,000 | MRED |
| May 16, 2024 | Price changed | $225,000 | MRED |
| Apr 30, 2024 | Price changed | $230,000 | MRED |
| Apr 17, 2024 | Listed | $240,000 | MRED |
| Sep 16, 2021 | Sold | $125,000 | MRED |
| Oct 10, 2016 | Sold | $115,000 | Public Record |
| Jan 1, 1998 | Sold | $95,000 | Public Record |
| Jan 1, 1994 | Sold | $45,000 | Public Record |
| Jan 1, 1992 | Sold | $58,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $37,448 | $10,502 | $47,950 | $3,506 |
| 2022 | $33,479 | $9,389 | $42,868 | $3,133 |
| 2021 | $30,648 | $8,595 | $39,243 | $3,335 |
| 2020 | $30,648 | $8,595 | $39,243 | $3,326 |
| 2019 | $30,648 | $8,595 | $39,243 | $3,316 |
| 2018 | $30,648 | $8,595 | $39,243 | $3,302 |
| 2017 | $30,648 | $8,595 | $39,243 | $3,303 |
| 2016 | $30,648 | $8,595 | $39,243 | $3,298 |
| 2015 | $30,648 | $8,595 | $39,243 | $3,288 |
| 2014 | $30,648 | $8,595 | $39,243 | $3,184 |
| 2013 | $30,648 | $8,595 | $39,243 | $3,133 |
| 2012 | $30,986 | $8,690 | $39,676 | $3,121 |
| 2010 | $32,024 | $8,982 | $41,006 | $3,195 |
| 2009 | $32,024 | $8,982 | $41,006 | $3,174 |
| 2008 | $30,986 | $8,690 | $39,676 | $3,023 |
Property facts
Year built
1912
Property type
multi_family
Stories
—
Beds
3
Baths
3
Living area
—
Lot size
20,910 sqft
ZIP code
61701
City
Bloomington
Street
Locust St
Coordinates
40.48489, -88.98698
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 502 Locust St last sell?
502 Locust St most recently sold on Sep 16, 2021 for $125,000.
What is the current tax assessment for 502 Locust St?
The most recent total assessment for 502 Locust St (year 2023) is $47,950 with $3,506 in property tax.
How does 502 Locust St's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $125,000.
When was 502 Locust St built?
502 Locust St was built in 1912.
How does 502 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 502 Locust St?
502 Locust St is a 3 bed, 3 bath, 20,910 sqft lot multi_family.
Is 502 Locust St a flip candidate?
No — 502 Locust St does not appear in our flips dataset.
Is 502 Locust St a tax-appeal candidate?
No — 502 Locust 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
+5.8%
Implied 1-yr
+23.3%
2026 Q3
$244.4K
2026 Q4
$254.7K
ZIP 61701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St