509 E Locust St, Bloomington, IL 61701
Property image
Property image
OFF MARKET

509 E Locust St
Bloomington, IL 61701

  • Studio
  • 3,040 sqft

$133,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $985/mo*
Refinance Your Home

$133,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $985/mo*
Refinance Your Home
Studio
3,040 sqft

Local Information

  • Map ViewExplore the area around 509 E Locust St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
3,040 sqft
Price/Sqft
$44
Parking
Garage

About this House

Great investment property! Nicely updated with one unit up and one unit down! Both units currently under lease. Detached garage could be assigned to one of the units to get more rent. Over 30% cash flow on this one!! Only a few blocks from IWU.
509 E Locust St, Bloomington, IL 61701 is a studio, 3,040 sqft multi-family built in 1920. It last sold for $80,000 on Oct 19, 2017. More recently, it was listed as a rental in October 2015 with an asking price of $600 per month. That rental listing was removed on November 9, 2015. It is currently off market. The Trulia Estimate is $133,000, with a rent estimate of $1,346/month.

Home Details for 509 E Locust St

Interior Features

Interior Details
BasementCeiling Fan
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Shingle Not WoodFoundation Type: MasonryPorch
Parking & Garage
GarageParking: Off Street, Garage

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 6499 sqft

Price History for 509 E Locust St

DatePriceEventSource
10/19/2017$80,000Sold
MRED as distributed by MLS GRID #10195415
08/07/2017$89,900PriceChange
Agent Provided
05/12/2017$95,000PriceChange
Agent Provided
06/20/2016$100,000Listed For SaleAgent Provided
11/09/2015$600ListingRemovedN/A
10/07/2015$600Listed For RentN/A
03/22/1999$67,500Sold
N/A

Market trends in Bloomington

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$263K
$15KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$123
$7MoM
Available listings
213
20MoM
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Property Tax and Assessment

Year2024
Tax$2,769
Assessment$102,468
Home facts updated by county records

Comparable Sales for 509 E Locust St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
706-708 N Roosevelt Ave, Bloomington, IL
0.59
Multi-Family Home
$160,000
08/25/25
4
2
1,670
409 Douglas St, Bloomington, IL
0.21
Multi-Family Home
$155,000
02/09/26
5
3
-
407 E Market St, Bloomington, IL
0.26
Multi-Family Home
$45,000
02/16/26
5
4
-
708 Douglas St, Bloomington, IL
0.09
Multi-Family Home
$290,000
08/28/25
4
3.5
-
610 E Mulberry St, Bloomington, IL
0.11
Multi-Family Home
$190,000
04/21/26
4
1
-
601 S Clayton St, Bloomington, IL
0.73
Multi-Family Home
$255,000
08/11/25
5
5
3,200
312 E Locust St, Bloomington, IL
0.22
Multi-Family Home
$225,000
12/01/25
4
4
-
805 E Chestnut St, Bloomington, IL
0.27
Multi-Family Home
$199,000
11/05/25
6
3
-
905 Elder St, Bloomington, IL
0.20
Multi-Family Home
$305,000
12/23/25
6
4
-
211 E Mulberry St, Bloomington, IL
0.31
Multi-Family Home
$199,900
08/14/25
5
3
-

Nearby homes

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Assigned Schools

These are the assigned schools for 509 E Locust 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 521 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.
  • 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
  • Dkkdcarter
    "Lived here for 20 years. Easy, safe living with great schools and minimal crime. Strong economic base."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 509 E Locust St

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Off Market Homes Near 509 E Locust St

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Frequently asked questions about 509 E Locust St

  • What is 509 E Locust St estimated to be worth?
    Trulia's estimated value for 509 E Locust St in Bloomington, IL is $133,000.
  • What is the price history for 509 E Locust St?
    509 E Locust St in Bloomington, IL last sold for $80,000 in October 2017.
  • 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 $15K from the prior month.
  • Does 509 E Locust St have air conditioning?
    Yes, 509 E Locust St in Bloomington, IL has air conditioning.