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Normal, IL Multifamily Homes & Duplexes for Sale

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  • /15

    $195,000

    • 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
  • /21

    $300,000

    • 4 Beds
    • 4 Baths

    1215 Wall St, Normal, IL 61761

    Investment Opportunity: 4-Unit Multifamily with Owner-Occupant Potential. Well-maintained four-unit multifamily property, featuring four 1-bedroom, 1-bath apartments, each with a full kitchen and comfortable living space. The building offers shared on-site laundry for tenant convenience and off-street parking with a carport, adding valuable functionality and appeal. Currently, two units are

    Kristy Allred Coldwell Banker Real Estate Group

    1215 Wall St, Normal, IL 61761

Why Live in Normal

The historic Normal Theater anchors Uptown Normal with classic films and indie screenings, while the 25 mile Constitution Trail connects residents to parks and neighborhoods throughout the city. The Children's Discovery Museum engages young minds across three floors of interactive exhibits, and Illinois State University brings collegiate energy through Redbird athletics and performing arts. Residents gather at local favorites like Flingers Pizza Pub, voted Best Overall Restaurant multiple years running, or enjoy seasonal American cuisine at the bi-level Medici. The Sugar Creek Arts Festival and Make Music Normal festival activate Uptown's streets with local artists and performers throughout the year.

The housing market in Normal features diverse options across distinct neighborhoods. Single family homes in North Bridge command a median price of $417,500, while similar homes in the Innovation District have a median price of $195,000. The Vineyards neighborhood sees median single family home prices of $396,000, and Ironwood homes typically sell for a median of $386,800. The overall median sale price in Normal is $250,000, with median townhome prices at $305,000 and median two bedroom condo prices at $136,300.

Normal's cost of living sits 2.1% above the national average. A family with school age children needs approximately $108,000 annually to live comfortably, while renters should aim for $62,000. Property taxes in McLean County stand at 2.27%, with a 4.95% state income tax rate and 8.89% combined sales tax rate. The city connects to Chicago and St. Louis via daily Amtrak service from Uptown Station. Public education includes University High School, rated A by Niche, which serves the Innovation District neighborhood. Normal experiences four distinct seasons with summer temperatures from 70 to 85°F and winter temperatures between 20 to 35°F.

Home Trends in Normal, IL

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$265,500
Median Townhouse Sale Price
$248,700
Median 2 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$129
Number of Homes for Sale
19
Last 12 months Home Sales
397
Months of Supply
0.60
Median List Price
$259,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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