506 E Olive St, Bloomington, IL 61701
OFF MARKET

506 E Olive St
Bloomington, IL 61701

  • 2 Beds
  • 1 Bath
  • 920 sqft

$214,400

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,517/mo*
Refinance Your Home

$214,400

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,517/mo*
Refinance Your Home
2 Beds
1 Bath
920 sqft

Local Information

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

Description

Main level apartment, walking distance to Downtown Bloomington. Coin laundry on-site; wireless internet and water/garbage included. Please note second bedroom has closet off of living room. Some pets allowed with Owner pre-approval.

Owner pays water, garbage, and wireless internet. Tenant pays gas, electric. 12-month lease with $975 deposit required at lease signing. One-time non-refundable pet fee of $250.00, pets MUST have prior approval from Owner. No smoking. Limited off-street parking.
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 February 03, 2025

Home Highlights

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

Home Details for 506 E Olive St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
MicrowaveRefrigerator

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Price History for 506 E Olive St

DatePriceEventSource
02/03/2025$975ListingRemovedZillow Rentals
01/30/2025$975Listed For RentZillow Rentals
12/31/2019$142,500Sold
MRED as distributed by MLS GRID #10546831
10/15/2019$150,000PendingAgent Provided
09/19/2019$150,000PriceChange
N/A
08/31/2019$140,000Listed For SaleN/A
10/15/2007$99,900Sold
MRED as distributed by MLS GRID #10195163
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Property Tax and Assessment

Year2024
Tax$3,927
Assessment$145,284
Home facts updated by county records

Comparable Sales for 506 E Olive St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1103 E Olive St, Bloomington, IL
0.54
Apartment
$232,000
01/16/26
2
1
1,200
604 1/2 Douglas St, Bloomington, IL
0.41
Apartment
$150,000
01/13/26
1
1
2,432
802 S Center St, Bloomington, IL
0.49
Apartment
$100,000
05/27/25
3
2
1,327
106 E Kelsey St, Bloomington, IL
1.21
Apartment
$105,000
12/22/25
2
1
800
1112 S Fell Ave, Normal, IL
1.50
Apartment
$215,000
04/30/26
2
1
800
1204 Colonial Ave, Bloomington, IL
1.07
Apartment
$195,000
01/23/26
3
4
2,148
707 E Empire St, Bloomington, IL
0.76
Apartment
$159,500
06/04/25
1
-
203 S Regency Dr, Bloomington, IL
1.59
Apartment
$640,000
01/13/26
2
2
1,200
2001 S Morris Ave, Bloomington, IL
1.77
Apartment
$3,256,000
02/13/26
2
2
15,810
503 E Locust St, Normal, IL
2.51
Apartment
$200,000
02/12/26
4
3,600
Home facts updated by county records

Assigned Schools

These are the assigned schools for 506 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
    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
  • 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

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Off Market Homes Near 506 E Olive St

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506 E Olive St, Bloomington, IL 61701 is a 2 bedroom, 1 bathroom, 920 sqft apartment. This property is not currently available for sale. 506 E Olive St was last sold on Dec 31, 2019 for $142,500 (14,515% higher than the asking price of $975). The current Trulia Estimate for 506 E Olive St is $214,400.