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511 E Jackson St, Bloomington, IL, 61701

4beds
3baths
--sqft
$200,000
--price/sqft
$1,650/moest. monthly cost
$66,000/yrincome needed

About This Home

Attention investors! This well-maintained residential property features three separate units, all of which are currently leased, providing immediate rental income. Each unit offers its own living space, making it an attractive option for tenants. Don't miss your chance to own a fully occupied, income-producing property! Roof was replaced in 2023. Property is being sold AS-IS.

Getting Around

76
WalkingVery Walkable
47
TransitSome Transit
84
BikeVery Bikeable

Schools

2/10
5/10
3/10
Bloomington High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Asphalt
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas

Property

Details

  • Parcel number: 2104461006
  • Zoning: MULTI
  • Special condition: None

Lot

  • Lot size: 6,000 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$158$1,896
Property Taxes $351$4,212
Electricity $130$1,569
Total$1,650$19,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,571/yr
40% on housing$49,500/yr
45% on housing$44,000/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 61701$101
McLean County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 61701$108
McLean County$115

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Listed for sale$200,000
2023-10-24Listing removed--
2023-10-02Listed for rent$825
2023-08-04Sold$137,000
2023-06-26Pending sale$135,000
2023-06-20Listed for sale$135,000
2019-02-01Listing removed$89,900
2018-03-09Listed for sale$89,900

For Sale by Agent

AgentAdity Singhal
BrokerageKMS Realty, Inc.

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