508 McLean St
Bloomington, IL 61701
3 bd 1 ba 1,655 sqft Built 1920 Lot 6,148 sqft single_family
Most recent sale
$50,000
Jul 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2024 | Listed | $145,000 | MRED |
| Jul 20, 2021 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $44,464 | $10,123 | $54,587 | $4,114 |
| 2022 | $18,905 | $7,719 | $26,624 | $2,262 |
| 2021 | $17,912 | $7,314 | $25,226 | $2,143 |
| 2020 | $17,700 | $7,227 | $24,927 | $2,112 |
| 2019 | $17,700 | $7,227 | $24,927 | $2,106 |
| 2018 | $17,700 | $7,227 | $24,927 | $2,097 |
| 2017 | $4,895 | $7,227 | $12,122 | $1,020 |
| 2016 | $5,000 | $7,382 | $12,382 | $1,040 |
| 2015 | $3,150 | $6,800 | $9,950 | $331 |
| 2014 | $2,965 | $6,800 | $9,765 | $305 |
| 2013 | $2,907 | $6,667 | $9,574 | $285 |
| 2012 | $2,939 | $6,740 | $9,679 | $289 |
| 2010 | $2,803 | $7,799 | $10,602 | $358 |
| 2009 | $2,803 | $7,799 | $10,602 | $356 |
| 2008 | $2,471 | $6,877 | $9,348 | $331 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,655 sqft
Lot size
6,148 sqft
ZIP code
61701
City
Bloomington
Street
McLean St
Coordinates
40.47483, -88.98810
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
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 McLean St last sell?
508 McLean St most recently sold on Jul 20, 2021 for $50,000.
What is the current tax assessment for 508 McLean St?
The most recent total assessment for 508 McLean St (year 2024) is $54,587 with $4,114 in property tax.
How does 508 McLean St's assessment compare to its last sale price?
The current assessment is 9.2% above the last sale price of $50,000.
When was 508 McLean St built?
508 McLean St was built in 1920.
How does 508 McLean St compare to others on McLean St?
We track 8 other properties on McLean St. Browse the list under "Other properties on McLean St" to compare beds, baths, and sale history.
What are the property facts for 508 McLean St?
508 McLean St is a 3 bed, 1 bath, 1,655 sqft, 6,148 sqft lot single_family.
Is 508 McLean St a flip candidate?
No — 508 McLean St does not appear in our flips dataset.
Is 508 McLean St a tax-appeal candidate?
No — 508 McLean 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 McLean St