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505 Oakland Ave

Bloomington, IL 61701

3 bd 2 ba 2,472 sqft Built 1905 single_family
Most recent sale
$140,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2026 Listed $175,000 MRED
Jan 11, 2025 Listed for rent $1,650 AppfolioUnits
Sep 28, 2022 Sold $140,000 MLS #11449445
Jul 11, 2022 Price changed $135,000 MLS #11449445
Jun 29, 2022 Listed $139,900 MLS #11449445
Jan 14, 2013 Sold $108,500 Public Record
Jul 1, 2010 Listing removed $74,000 BloomingtonNormal
Jun 7, 2010 Price changed $74,000 MLS #2092811
Aug 20, 2009 Listed $79,000 MLS #2092811
Jan 1, 1998 Sold $69,000 Public Record
Jan 1, 1997 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $33,405 $6,718 $40,123 $1,991
2022 $20,012 $4,758 $24,770 $2,105
2021 $18,320 $4,356 $22,676 $1,927
2020 $18,320 $4,356 $22,676 $1,922
2019 $18,320 $4,356 $22,676 $1,916
2018 $18,320 $4,356 $22,676 $1,908
2017 $17,961 $4,271 $22,232 $1,872
2016 $17,961 $4,271 $22,232 $1,868
2015 $18,104 $4,305 $22,409 $1,878
2014 $18,850 $4,305 $23,155 $1,879
2013 $17,952 $4,100 $22,052 $1,761
2012 $20,167 $4,606 $24,773 $1,477
2010 $20,618 $4,984 $25,602 $1,528
2009 $20,618 $4,984 $25,602 $1,517
2008 $20,606 $4,981 $25,587 $1,536

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,472 sqft
Lot size
ZIP code
61701
City
Bloomington
Street
Oakland Ave
Coordinates
40.47384, -88.99788

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Oakland Ave last sell?
505 Oakland Ave most recently sold on Sep 28, 2022 for $140,000.
What is the current tax assessment for 505 Oakland Ave?
The most recent total assessment for 505 Oakland Ave (year 2024) is $40,123 with $1,991 in property tax.
How does 505 Oakland Ave's assessment compare to its last sale price?
The current assessment is 71.3% below the last sale price of $140,000.
When was 505 Oakland Ave built?
505 Oakland Ave was built in 1905.
How does 505 Oakland Ave compare to others on Oakland Ave?
We track 8 other properties on Oakland Ave. Browse the list under "Other properties on Oakland Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Oakland Ave?
505 Oakland Ave is a 3 bed, 2 bath, 2,472 sqft single_family.
Is 505 Oakland Ave a flip candidate?
No — 505 Oakland Ave does not appear in our flips dataset.
Is 505 Oakland Ave a tax-appeal candidate?
No — 505 Oakland Ave 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
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast

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