$249,000
UNDER CONTRACT

Estimated payment $1,843/month

Total Views 3,140
4 Beds
-- Bath
1,832 Sq Ft
$136 Price per Sq Ft

About This Home

Investor Opportunity in Normal! This fully rented duplex offers a solid investment in the heart of Normal, IL. Featuring two spacious 2-bedroom, 1-bath units, currently renting at $1,100/month & $950/month, the property generates a gross annual income of $24,600, with room to increase rents over time. This low-maintenance, side-by-side duplex sits on a level 0.23-acre lot. Each unit is individually metered, and tenants pay all utilities, minimizing owner expenses. Located in a well-established rental market and minutes from shopping, schools, and transit, this duplex offers an immediate return with long-term upside. Month-to-month leases offer flexibility for future rent increases or property updates. Don't miss this chance to own a turnkey rental property with solid tenants with property management and strong returns.

Listing Agent

Venky Basam

Keller Williams Premier Realty Brokerage Phone: 309-213-1742 License #475.174081 Listed on: 03/26/2026

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 136 x 72
  • Level Lot

Home Design

  • 1,832 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Schools

  • Normal Community West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Greenview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-29-207-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,025

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1987
  • New Construction: No
  • Structure Type: Duplex
  • UnitEntryLevel: 1
  • Attribution Contact: Mobile: 309-213-1742
  • Special Features: UnderContract

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 2
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Normal Community West

Lot Info

  • Zoning: Residential
  • Lot Size: 136 x 72
  • Parcel #: 14-29-207-003

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6025
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 1400

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,025 $80,983 $12,658 $68,325
2024 $5,392 $74,201 $11,598 $62,603
2022 $5,392 $60,024 $9,382 $50,642
2021 $5,208 $56,632 $8,852 $47,780
2020 $5,179 $56,044 $8,760 $47,284
2019 $5,004 $55,743 $8,713 $47,030
2018 $4,949 $55,153 $8,621 $46,532
2017 $4,772 $55,153 $8,621 $46,532
2016 $4,720 $55,153 $8,621 $46,532
2015 $4,592 $53,860 $8,419 $45,441
2014 $4,536 $53,860 $8,419 $45,441
2013 -- $53,860 $8,419 $45,441
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 For Sale $249,000 -- $136 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $148,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Previous Owner $111,000 No Value Available
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1265139

RMLS Alliance

APN: 14-29-207-003

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