505 E Walnut St, Bloomington, IL 61701
Property image
Property image
OFF MARKET

$207,600

Trulia Estimate
as of Sep 29, 2026
  • 4 Beds
  • 2 Baths
  • 2,247 sqft

505 E Walnut St, Bloomington, IL 61701

Home Highlights

Single-Family Home
2,247 sqft
$92/sqft

Local Information

  • Map ViewExplore the area around 505 E Walnut St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Three comfortable bedroomsMature treesConvenient alley accessTwo-car garageGorgeous three-season porchConvenient half bath
Pick your brand new paint throughout the entire house

Available June 1st with possible early May move-in options. Be sure to reach out for the virtual YouTube tour!

Experience the incredible opportunity to live right on Franklin Park, surrounded by beautiful historic homes and mature trees in one of Bloomington's most desirable historic areas. This spacious residence features over 2300 square feet of livable space, perfectly blending classic architectural details like arched doorways and build-ins throughout.

The main floor boasts refinished hardwood floors and a convenient half bath. In the kitchen, you will find Merillat cabinets and stainless steel appliances, including a dishwasher and garbage disposal. For additional living space, enjoy the gorgeous three-season porch or the newly refinished basement (with confirming egress window), which features brand new LVP flooring and recessed lighting throughout.

Upstairs, the home offers three comfortable bedrooms and a updated full bathroom. Laundry and all appliances stay with the property. The exterior is equally impressive, with a private backyard enclosed by a brand new custom cedar fence. Parking and storage are a breeze with the two-car garage, storage shed, and convenient alley access.

Located just two doors down from Franklin Park, this home is within easy walking distance of downtown Bloomington, the Center for the Performing Arts, and the local farmers market. This is a rare find that combines historic charm, modern finishes, and a truly unbeatable location

Pets considered, breed and other restrictions apply. Tenants responsible for utilities. Two year lease preferred. Lease will start June 1st, but you may move in whenever to best accommodate your schedule!

Pick your brand new paint throughout, available May 1st! Be sure to reach out for the virtual YouTube tour

Experience the incredible opportunity to live right on Franklin Park, surrounded by beautiful historic homes and mature trees in one of Bloomington's most desirable historic areas. This spacious residence features over 2300 square feet of livable space, perfectly blending classic architectural details like arched doorways and build-ins throughout.

The main floor boasts refinished hardwood floors and a convenient half bath. In the kitchen, you will find Merillat cabinets and stainless steel appliances, including a dishwasher and garbage disposal. For additional living space, enjoy the gorgeous three-season porch or the newly refinished basement (with confirming egress window), which features brand new LVP flooring and recessed lighting throughout.

Upstairs, the home offers three comfortable bedrooms and a updated full bathroom. Laundry and all appliances stay with the property. The exterior is equally impressive, with a private backyard enclosed by a brand new custom cedar fence. Parking and storage are a breeze with the two-car garage and convenient alley access.

Located just two doors down from Franklin Park, this home is within easy walking distance of downtown Bloomington, the Center for the Performing Arts, and the local farmers market. This is a rare find that combines historic charm, modern finishes, and a truly unbeatable location

Pets considered, breed and other restrictions apply. Tenants responsible for utilities. Two year lease preferred. Lease will start May 1st, but you may move in whenever to best accommodate your schedule!
505 E Walnut St, Bloomington, IL 61701 is a 4 bedroom, 2 bathroom, 2,247 sqft single-family home. It last sold for $110,500 on Aug 22, 2014 (4,934% above the $2,195 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $2,195 per month. That rental listing was removed on April 28, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $207,600, with a rent estimate of $1,869/month.

Home Details for 505 E Walnut St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached, On Site

Comparable Sales for 505 E Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
502 E Chestnut St, Bloomington, IL
0.07
Single-Family Home
$115,000
11/04/25
5
2
3,162 sqft
504 Douglas St, Bloomington, IL
0.24
Single-Family Home
$150,000
06/17/26
4
2
2,528 sqft
703 N Evans St, Bloomington, IL
0.19
Single-Family Home
$155,700
11/03/25
4
1
2,569 sqft
811 E Washington St, Bloomington, IL
0.54
Single-Family Home
$110,000
11/14/25
4
1.5
2,200 sqft
413 Phoenix Ave, Bloomington, IL
0.29
Single-Family Home
$172,000
10/15/25
3
2
2,682 sqft
706 N Prairie St, Bloomington, IL
0.25
Single-Family Home
$185,000
05/14/26
3
2
1,721 sqft
1002 N Roosevelt Ave, Bloomington, IL
0.50
Single-Family Home
$160,000
02/26/26
4
2
2,222 sqft
903 E Chestnut St, Bloomington, IL
0.46
Single-Family Home
$100,000
07/10/26
4
2
1,680 sqft
806 E Monroe St, Bloomington, IL
0.40
Single-Family Home
$88,000
06/24/26
3
1.5
1,650 sqft
503 E Chestnut St, Bloomington, IL
0.09
Single-Family Home
$239,900
05/14/26
2
2.5
2,349 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Rental Market Trends in Bloomington

Last updated Sep 2026
Trulia Rent Estimate$1,869/mo
Average rent
$1.15K
$90MoM
Available listings
163
View rental market trends in Bloomington, IL

Around this home

What Locals Say about Bloomington

At least 522 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

  • 73 % 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

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Renee5259
    "I have a beautiful view of the lake in my front yard. "
    0
    Flag
  • Trulia User
    "Halloween and icecream social"
    1
    Flag
  • Trulia User
    "I live by Washington Grade School which is a great school. 3 generations of my fam went there. Family neighborhood with lots of kids and aging neighbors. Not enough diversity but otherwise happy here. Been in my home 20 years. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • Bauerb6
    "Great community and helpful neighbors. Low crime rate. Many restaurants to choose from. Clean cities"
    0
    Flag
  • 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
    Flag
  • Bauerb6
    "Beautiful well kept community. Safe atmosphere and great schools. Good neighborhood with plenty of restaurants "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
  • Jodimacewan
    "It’s quiet safe, easier to park than larger places. Close to trail parking and restaurants. Close to work. "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Apr 28, 2026
Source: Zillow Rentals
ListingRemoved
$2,195
Apr 21, 2026
Source: Zillow Rentals
Listed For Rent
$2,195
Apr 3, 2026
Source: Zillow Rentals
ListingRemoved
$2,195
Mar 10, 2026
Source: Zillow Rentals
Listed For Rent
$2,195
Aug 22, 2014
Source: MRED as distributed by MLS GRID #10180179
Sold
$110,500

Frequently asked questions about 505 E Walnut St

  • What is 505 E Walnut St estimated to be worth?
    Trulia's estimated value for 505 E Walnut St in Bloomington, IL is $207,600.
  • What is the price history for 505 E Walnut St?
    505 E Walnut St in Bloomington, IL last sold for $110,500 in August 2014.
  • Is Bloomington a buyer's or seller's market?
    Bloomington is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Bloomington?
    The median sale price in Bloomington is $263K. That is up $3.55K from the prior month.
  • Does 505 E Walnut St have air conditioning?
    Yes, 505 E Walnut St in Bloomington, IL has air conditioning.
  • Does 505 E Walnut St have laundry facilities?
    Yes, 505 E Walnut St in Bloomington, IL has in-unit laundry.

Homes for rent near 505 E Walnut St

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item