505 E Olive St, Bloomington, IL 61701
OFF MARKET

505 E Olive St
Bloomington, IL 61701

  • 6 Beds
  • 2 Baths

$161,700

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $1,150/mo*
Refinance Your Home

$161,700

Trulia Estimate
as of May 12, 2026
Est. Refi. Payment $1,150/mo*
Refinance Your Home
6 Beds
2 Baths

Homes for sale near 505 E Olive St

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Great opportunity in Dimmit's Grove. Duplex, side by side. Tenants pay all utilities. West side is currently vacant. Rent has been $850. Could live in half and rent out East half. 500 1/2 side is currently rented for $900, rent could probably be increased as it has not been adjusted in a number of years. Unit 500 is fully furnished including a washer and dryer. Each unit is 3 bedrooms, full bath, dining room, living room and kitchen. Property sold "as is" All information believed accurate, but not guaranteed.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 24, 2023

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 505 E Olive St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas

Exterior Features

Parking & Garage
No Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Off Site,Other
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 2104457003

Price & Status

Price
List Price: $130,000
Status Change & Dates
Off Market Date: Fri Feb 03 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: BloomingtonCommunity: Dimmitts Grove
School Information
Elementary School: Sheridan ElementaryElementary School District: 87Jr High / Middle School: Bloomington Jr High SchoolJr High / Middle School District: 87High School: Bloomington High SchoolHigh School District: 87

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11709852
Last check for updates: about 14 hours ago
Listed by Caroline Bird, (309) 261-0999
Coldwell Banker Real Estate Group
Bought with: Kendall Hoffacker, (309) 825-1077, RE/MAX Choice
Source: MRED as distributed by MLS GRID, MLS#11709852

Price History for 505 E Olive St

DatePriceEventSource
03/24/2023$130,000Sold
MRED as distributed by MLS GRID #11709852
02/05/2023$130,000PendingColdwell Banker Real Estate Group #11709852
02/03/2023$130,000ContingentMRED as distributed by MLS GRID #11709852
01/31/2023$130,000Listed For SaleMRED as distributed by MLS GRID #11709852
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Property Tax and Assessment

Year2024
Tax$3,431
Assessment$126,951
Home facts updated by county records

Comparable Sales for 505 E Olive St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
606 E Front St, Bloomington, IL
0.17
Multi-Family Home
$200,000
06/02/25
6
1
-
501 E Grove St, Bloomington, IL
0.06
Multi-Family Home
$245,000
07/09/25
7
6
-
409 Douglas St, Bloomington, IL
0.41
Multi-Family Home
$155,000
02/09/26
5
3
-
819 E Bell St, Bloomington, IL
0.41
Multi-Family Home
$70,000
03/30/26
4
2
-
802 E Grove St, Bloomington, IL
0.21
Multi-Family Home
$320,000
05/01/26
4
3
-
610 E Mulberry St, Bloomington, IL
0.54
Multi-Family Home
$190,000
04/21/26
4
1
-
211 E Mulberry St, Bloomington, IL
0.50
Multi-Family Home
$199,900
08/14/25
5
3
-
407 E Market St, Bloomington, IL
0.36
Multi-Family Home
$45,000
02/16/26
5
4
-
1110 S Main St, Bloomington, IL
0.60
Multi-Family Home
$130,000
03/02/26
2
2
-

Assigned Schools

These are the assigned schools for 505 E Olive St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Bloomington

At least 518 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 91 % Say it's dog friendly

  • 88 % Say parking is easy

  • 84 % Say there are sidewalks

  • 79 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 68 % Say streets are well-lit

  • 68 % Say it's quiet

  • 57 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to restaurants

  • 36 % Say it's walkable to grocery stores

  • 33 % Say there are community events

Learn more about our methodology.
  • Lauren
    "Sweet corn circus, farmers markets, tailgate and tall boys music festival, and all of the other local events around town. "
    0
    Flag
  • Conwayjm
    " Nice neighborhood to take walks in and not too much traffic. Lots of parks and sidewalks, as well as dog parks make it family and dog friendly. "
    0
    Flag
  • Srinivas.ramasetti
    "By car driving approximately 15 mins oneway Return also same way and same route same amount of journey"
    0
    Flag
  • Srinivas.ramasetti
    "Dog owners around this are very much like it since it has dig friendly neighbour wood with lot of dog owners. They enjoy walking with across street."
    0
    Flag
  • Gonzalesjessie379
    "It’s a safe neighborhood with large trees and beautiful homes. Not only do I live here but I grew up in this neighborhood. Downtown is just a few blocks away with shops night life and parades. "
    5
    Flag
  • Melinda Turner
    "People who walk their dogs clean up behind them and they are very respectful of your yard. I like the keep the on leash never see any wondering around the neighborhood."
    1
    Flag
  • Romi Rudzinski
    "Halloween trick or treating is the highlight, there are not other events that take place on our neighbourhood."
    0
    Flag
  • Tess B.
    "unit 5 is a great school district. lots to do in the ways of trails and parks. heartland community College also offers a lot of fun classes for kids in the summer time. "
    0
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  • Kellysully248
    "the area has two dogs parks. they are both nice parks. one is maxwell, the other is called Shepard. excelente area for dogs to play and socialize. safe neighborhood for walking your dog. plenty of parks too "
    13
    Flag
  • Emily M.
    "great public transport access, & pretty central to most places in town. grocery & pharmacy & restaurants nearby too! love our neighborhood."
    0
    Flag
  • Matthew
    "Calm neighborhood with a little street traffic off of busier roads. Close to downtown, older buildings, and near Wesleyan. Never had a problem in 5 years "
    1
    Flag
  • Rtwebb1978
    "Quiet and nice area. I have some good neighbors and they are helpful. It’s private and enjoyable to live in this area. "
    1
    Flag
  • Peg F.
    "Dogs are welcome and I have never seen one loose. Some people do not pick up their animals waste, which I think is very rude.. the “Dog Run” is not what is perceived on the pamphlets, it is very small fenced in area..so everyone just lets their dogs go on any grassy area"
    5
    Flag
  • Anyuan
    "A good and quite neighborhood, most of people are friendly, lawn is well-kept, many children playing outside."
    0
    Flag
  • Rakesh.pisces
    "That neighborhood is kids friendly and good school is available. Diverse culture is also an important factor."
    0
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  • Bauerb6
    "Great community and helpful neighbors. Low crime rate. Many restaurants to choose from. Clean cities"
    0
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  • Laverne T.
    "They would love this area. Dogs are welcomed here. There are times when you need to keep an eye out for stray dogs "
    4
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  • Bauerb6
    "Beautiful well kept community. Safe atmosphere and great schools. Good neighborhood with plenty of restaurants "
    0
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  • Kelli F. .
    "My commute can be long for a smaller city like Bloomington.. 15 to 20 minutes everywhere you go. I like around 5 minutes is long enough. "
    0
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  • Kelli F. .
    "There’s a lot of places to walk the dogs as well as ponds to play in. Very welcoming neighborhood! Would recommend for people with pets"
    0
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  • Jennifer B.
    "great place to raise children. neighbors are friendly, clean city and neighborhoods. schools are also great! excellent teachers."
    0
    Flag
  • Denise
    "My commute is fine...takes 15 minuets to get to most places in town. Traffic is fine most of the time "
    2
    Flag
  • Reliant61
    "I am retired, so no commute. You can be anywhere in town in 20 minutes or less. Public transportation is available but I have never used it. Most amenities are close enough to walk to if needed."
    6
    Flag
  • Faye
    "I have lived in this area for 20+ years. It is very family friendly and has a strong flow of young professionals from the universities near by. "
    0
    Flag
  • Tammy H.
    "This is a nice area with a lot of professionals and families. there are things to do and nice homes."
    0
    Flag
  • Faye
    "As a neighborhood resident for 20 years, I can safely say this place is a steady family area perfect for raising a family. "
    0
    Flag
  • MO
    "I am retired so I don’t have a commute. I have 3 grocery stores within walking distance too. I can get anywhere in town in less than 20 minutes "
    5
    Flag
  • Mark O
    "Just a lot of stopping and chatting going on in the neighborhood during walks. The downtown and uptown communities sponsor a lot of entertainment and events to attend."
    0
    Flag
  • Reliant61
    "The commute anywhere is negligible since this is a fairly small community and it has a good transpusystem"
    0
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  • Bcfishe
    "There are many families with children in the neighborhood plenty of parks schools nearby great location. Seven minutes to work I work in normal"
    0
    Flag
  • Will Buckem
    "it takes a village to do anything now-a-days. Real talk. Our neighborhood is blended and mostly we all lookout for each other."
    0
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  • Dakota B.
    "Many great places in town. Lots of places to eat. Also, many awesome schools ranging from Pre-K / College Graduate. Taxes are a bit high in some areas, but are mostly alright."
    0
    Flag
  • Rianna S.
    "There is access to a bus system but most places must be traveled via car. There are not many restaurants or shops close by. "
    1
    Flag
  • Carpenter j.
    "Best community in the Midwest to raise a family or start a career. Good restaurants, downtown/uptown experiences, and very stable real estate market with a lot of bang for your buck. "
    0
    Flag
  • Jodimacewan
    "It’s quiet safe, easier to park than larger places. Close to trail parking and restaurants. Close to work. "
    0
    Flag
  • Dkkdcarter
    "Lived here for 20 years. Easy, safe living with great schools and minimal crime. Strong economic base."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Homes for rent near 505 E Olive St

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Off Market Homes Near 505 E Olive St

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Explore by feature

505 E Olive St, Bloomington, IL 61701 is a 6 bedroom, 2 bathroom multi-family. This property is not currently available for sale. 505 E Olive St was last sold on Mar 24, 2023 for $130,000 (0% higher than the asking price of $130,000). The current Trulia Estimate for 505 E Olive St is $161,700.