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508 McGregor St

Bloomington, IL 61701

2 bd 1 ba 1,964 sqft Built 1955 Lot 4,792 sqft single_family
Most recent sale
$111,111
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2025 Sold $168,500 MRED
Feb 11, 2025 Listed $172,000 MRED
Jun 29, 2023 Sold $161,000 MRED
Jun 12, 2023 Price changed $149,995 MRED
May 16, 2023 Listed $149,995 MRED
Aug 25, 2022 Sold $111,111 MLS #11406490
Jul 28, 2022 Relisted $125,000 MLS #11406490
Jul 15, 2022 Listing removed $110,000 MRED
May 17, 2022 Listed $110,000 MLS #11406490

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $34,660 $9,572 $44,232 $3,696
2022 $31,557 $8,715 $40,272 $3,422
2021 $29,498 $8,147 $37,645 $3,199
2020 $28,255 $7,804 $36,059 $3,056
2019 $28,255 $7,804 $36,059 $3,047
2018 $28,255 $7,804 $36,059 $3,035
2017 $28,255 $7,804 $36,059 $3,036
2016 $29,069 $8,029 $37,098 $3,118
2015 $28,261 $7,806 $36,067 $3,023
2014 $28,261 $7,806 $36,067 $2,927
2013 $27,707 $7,653 $35,360 $2,823
2012 $28,295 $7,815 $36,110 $2,841
2010 $29,076 $8,244 $37,320 $2,909
2009 $29,076 $8,244 $37,320 $2,889
2008 $27,027 $7,663 $34,690 $2,652

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,964 sqft
Lot size
4,792 sqft
ZIP code
61701
City
Bloomington
Street
McGregor St
Coordinates
40.47315, -88.97212

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$667
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 McGregor St last sell?
508 McGregor St most recently sold on Aug 25, 2022 for $111,111.
What is the current tax assessment for 508 McGregor St?
The most recent total assessment for 508 McGregor St (year 2023) is $44,232 with $3,696 in property tax.
How does 508 McGregor St's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $111,111.
When was 508 McGregor St built?
508 McGregor St was built in 1955.
How does 508 McGregor St compare to others on McGregor St?
We track 8 other properties on McGregor St. Browse the list under "Other properties on McGregor St" to compare beds, baths, and sale history.
What are the property facts for 508 McGregor St?
508 McGregor St is a 2 bed, 1 bath, 1,964 sqft, 4,792 sqft lot single_family.
Is 508 McGregor St a flip candidate?
Yes — 508 McGregor St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 McGregor St a tax-appeal candidate?
No — 508 McGregor St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.8%
Implied 1-yr
+23.3%
2026 Q3
$244.4K
2026 Q4
$254.7K
ZIP 61701 — Median Price History + Forecast

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