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Innovation District Homes for Sale

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    $212,000

    • 3 Beds
    • 2 Baths

    1011 Franklin Ave, Normal, IL 61761

    Oops not a price increase! It was a typo. Don't miss this Great duplex with one 2 bedroom unit & one 1 bedroom unit. Lots of hardwood floors throughout. Front unit has large kitchen and a great sun room. All appliances stay in both units. Ready to move in to or for new tenants! 2 car garage and plenty of parking. Furnace & AC new in 2018. Fabulous investment! Home is sold as-is. Any inspections

    Sarah Marshall Coldwell Banker Real Estate Group

    1011 Franklin Ave, Normal, IL 61761
  • /15

    $175,000

    • 2 Beds
    • 1 Bath
    • 1,392 Sq Ft

    705 Cullom St, Normal, IL 61761

    Newly remodeled 2 bedroom 1 bathroom home in Normal that is centrally located off Main and University Street, a few blocks from Carle Bromenn, ISU, IWU, and Glenn Elementary School. This home includes not only 705 Cullom St but also 705 1/2 Cullom St. There are two unattached garages on the property with the original oversized single car garage with shop extension with the home and an oversized 2

    Matt Hansen Coldwell Banker Real Estate Group

    705 Cullom St, Normal, IL 61761

Why Live in Innovation District

Normal’s Innovation District, centered around Illinois State University, features a mix of condos, small single-family homes and businesses. The neighborhood is characterized by university landmarks like Hancock Stadium and Hewett Hall. Along South Main Street, residents find a variety of dining options, including local favorites like The Rock, along with national chains. For coffee, Fusion Brew is a staple. The area offers several things to do, including visits to the Children’s Discovery Museum and the Illinois Art Station. People’s Park provides a space for picnics and outdoor activities, while Anderson Park offers a pool, playground and basketball courts. The Constitution Trail, spanning 37 miles, is nearby for biking, running and walking. Residents enjoy seasonal events like the Normal LIVE concert series, Cruisin’ Uptown Normal car show and the Sweet Corn Circus festival. The neighborhood benefits from the Bloomington-Normal Connect Transit bus system, with stops around the university and along South Main Street. Interstate 55 is 2 miles away, leading to Chicago, around 130 miles northeast.

Frequently Asked Questions

Is Innovation District a good place to live?
Innovation District is a good place to live. Innovation District is considered fairly walkable and very bikeable with good transit options. Innovation District is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Innovation District has 6 parks for recreational activities. It is very dense in population with 20.8 people per acre and a median age of 24. The average household income is $47,875 which is below the national average. College graduates make up 44.8% of residents. A majority of residents in Innovation District are renters, with 79.6% of residents renting and 20.4% of residents owning their home. A local real estate agent serving Innovation District can help you decide if this neighborhood is the right one for you. Learn more on our Innovation District neighborhood guide.
Is Innovation District, IL a safe neighborhood?
Innovation District, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Innovation District?
The median home price in Innovation District is $185,000. If you put a 20% down payment of $37,000 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Innovation District. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Innovation District is $48K.
What are the best public schools in Innovation District?
The best public schools that serve Innovation District are:
What are the best private schools in Innovation District?
The best private schools that serve Innovation District are:
What are the most popular zip codes in Innovation District, Normal, IL?
The most popular zip codes in Innovation District, Normal, IL include 61761, 61701, 61704, 61705 and 61736.
What are the most popular neighborhoods near Innovation District, Normal, IL?
The most popular neighborhoods near Innovation District, Normal, IL are Windsor Hill-Sugar Creek, Maple Wood, Northwest, Near East and Downtown Bloomington.
Are home prices dropping in Innovation District?
Yes, home prices in Innovation District are down 3% in the last 12 months.

Home Trends in Innovation District, IL

Housing Trends

Median Sale Price
$196,000
Median Single Family Sale Price
$192,000
Median 2 Bedroom Sale Price
$142,500
Average Price Per Sq Ft
$120
Number of Homes for Sale
1
Last 12 months Home Sales
16
Months of Supply
0.80
Median List Price
$185,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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