507 Union St
Bloomington, IL 61701
3 bd 2 ba 1,224 sqft Built 1910 Lot 6,098 sqft single_family
Most recent sale
$29,000
Mar 20, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 20, 2024 | Sold | $29,000 | MRED |
| Feb 21, 2024 | Listed | $29,900 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $30,821 | $6,644 | $37,465 | $2,629 |
| 2022 | $30,034 | $6,474 | $36,508 | $2,592 |
| 2021 | $27,494 | $5,927 | $33,421 | $2,330 |
| 2020 | $26,876 | $5,794 | $32,670 | $2,260 |
| 2019 | $26,876 | $5,794 | $32,670 | $2,253 |
| 2018 | $27,369 | $5,900 | $33,269 | $2,295 |
| 2017 | $27,369 | $5,900 | $33,269 | $2,295 |
| 2016 | $28,569 | $6,159 | $34,728 | $2,414 |
| 2015 | $27,370 | $5,901 | $33,271 | $2,285 |
| 2014 | $26,713 | $5,901 | $32,614 | $2,159 |
| 2013 | $26,713 | $5,901 | $32,614 | $2,125 |
| 2012 | $27,558 | $6,088 | $33,646 | $2,174 |
| 2010 | $27,854 | $6,392 | $34,246 | $2,201 |
| 2009 | $27,854 | $6,392 | $34,246 | $2,186 |
| 2008 | $25,771 | $5,914 | $31,685 | $2,033 |
Property facts
Year built
1910
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,224 sqft
Lot size
6,098 sqft
ZIP code
61701
City
Bloomington
Street
Union St
Coordinates
40.49118, -88.99868
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$174
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Union St last sell?
507 Union St most recently sold on Mar 20, 2024 for $29,000.
What is the current tax assessment for 507 Union St?
The most recent total assessment for 507 Union St (year 2023) is $37,465 with $2,629 in property tax.
How does 507 Union St's assessment compare to its last sale price?
The current assessment is 29.2% above the last sale price of $29,000.
When was 507 Union St built?
507 Union St was built in 1910.
How does 507 Union St compare to others on Union St?
We track 6 other properties on Union St. Browse the list under "Other properties on Union St" to compare beds, baths, and sale history.
What are the property facts for 507 Union St?
507 Union St is a 3 bed, 2 bath, 1,224 sqft, 6,098 sqft lot single_family.
Is 507 Union St a flip candidate?
No — 507 Union St does not appear in our flips dataset.
Is 507 Union St a tax-appeal candidate?
Yes — 507 Union St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Union St