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About This Home

This 4-bedroom, 1-bathroom single family at 506 E College Avenue in Normal, IL is listed for $220,000 ($139 per sqft). Built in 1955, the home offers 1,584 sqft of living space on a 0.18 acres lot.

Agent Description

Located just minutes from Illinois State University, this recently renovated 4 bedroom home offers a rare combination of flexibility, location, and investment potential. Zoned R-3A for multifamily use, the property presents an excellent opportunity for investors, student housing, house hacking, or owner-occupants looking for future upside.

Inside, you'll find fresh paint throughout, beautifully refinished hardwood floors, and spacious living areas filled with light. The functional layout provides plenty of room for roommates, tenants, or a growing household. Outside, ample rear parking adds convenience and is a hard to find feature this close to campus. Whether you're searching for your next investment property or a centrally located home with income potential, this one checks all the boxes!

Key Features

  • Built in 1955
  • 0.18 acre lot
  • 4 parking spaces

Property Details

1 story
1 full
4 spaces
1955

Amenities

HardwoodA/C

Monthly Cost Estimate

$1,177/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

506 E College Avenue

Normal, IL 61761

Features & Amenities

Interior Features

1st Floor Bedroom1st Floor Full Bath

Property Details

Flooring

Hardwood

Construction

Vinyl Siding

Parking

Off StreetOwnedDriveway

Heating

Forced Air

Cooling

Central Air

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryer

Questions & Answers

This 4-bedroom, 1-bathroom single family at 506 E College Avenue is listed at $220,000 ($139/sqft). The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.18 acre lot, 4 parking spaces. Interior Features: 1st Floor Bedroom, 1st Floor Full Bath.

This property is listed by Neal Fridrich and can be reached at (309) 275-9333 or neal@hsphomes.com.

NF

Neal Fridrich

Agent at RE/MAX Rising

(309) 275-9333

Listed by RE/MAX Rising · View on Broker Site

MLS# 12644460· Source: listhub· Updated 29 days ago

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506 E College Avenue, Normal, IL 61761

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