506 E College Ave Normal, IL 61761
Innovation District NeighborhoodEstimated payment $1,526/month
Total Views
34,905
4
Beds
1
Bath
1,584
Sq Ft
$139
Price per Sq Ft
Highlights
- Mature Trees
- Property is near park
- Wood Flooring
- Normal Community High School Rated A-
- Traditional Architecture
- Formal Dining Room
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,082
Year Built
- Built in 1955
Lot Details
- 7,919 Sq Ft Lot
- Lot Dimensions are 60 x 132
- Paved or Partially Paved Lot
- Mature Trees
Home Design
- Traditional Architecture
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,584 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
- Parking Included in Price
Schools
- Sugar Creek Elementary School
- Kingsley Jr High Middle School
- Normal Community High School
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Additional Features
- Screened Patio
- Property is near park
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,910 | $52,554 | $12,240 | $40,314 |
| 2024 | $3,499 | $48,153 | $11,215 | $36,938 |
| 2022 | $3,499 | $38,953 | $9,072 | $29,881 |
| 2021 | $3,380 | $36,751 | $8,559 | $28,192 |
| 2020 | $3,232 | $34,970 | $8,144 | $26,826 |
| 2019 | $3,122 | $34,782 | $8,100 | $26,682 |
| 2018 | $2,722 | $30,331 | $8,014 | $22,317 |
| 2017 | $2,105 | $30,331 | $8,014 | $22,317 |
| 2016 | $2,082 | $30,331 | $8,014 | $22,317 |
| 2015 | $2,014 | $29,620 | $7,826 | $21,794 |
| 2014 | $1,989 | $29,620 | $7,826 | $21,794 |
| 2013 | -- | $29,620 | $7,826 | $21,794 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $220,000 | 0.0% | $139 / Sq Ft | |
| 05/26/2026 05/26/26 | Pending | -- | -- | -- | |
| 05/13/2026 05/13/26 | Price Changed | $220,000 | 0.0% | $139 / Sq Ft | |
| 05/13/2026 05/13/26 | For Sale | $220,000 | 0.0% | $139 / Sq Ft | |
| 06/21/2025 06/21/25 | Off Market | $2,400 | -- | -- | |
| 05/20/2025 05/20/25 | For Rent | $2,400 | 0.0% | -- | |
| 03/15/2025 03/15/25 | Off Market | $2,400 | -- | -- | |
| 02/10/2025 02/10/25 | For Rent | $2,400 | 0.0% | -- | |
| 04/22/2019 04/22/19 | Sold | $123,500 | -1.1% | $78 / Sq Ft | View Prior Sale |
| 02/25/2019 02/25/19 | Pending | -- | -- | -- | |
| 02/15/2019 02/15/19 | For Sale | $124,900 | -- | $79 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $121,000 | None Listed On Document | |
| Warranty Deed | $123,500 | Attorney | |
| Warranty Deed | $112,500 | Attorney | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $96,480 | New Conventional | |
| Previous Owner | $98,800 | No Value Available | |
| Previous Owner | $90,000 | No Value Available |
Source: Public Records
About the Listing Agent
As Team Lead of Hospitality Homes, I serve the Bloomington-Normal community as a real estate agent and property manager focused on clear communication and a smooth, welcoming experience from start to finish. I love helping clients feel confident and at home in their decisions without all of the added pressure.
Whether you’re buying your first place, selling to start your next chapter, or investing in real estate, I’m here to make the process as effortless and enjoyable as possible.
Neal's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12644460
APN: 14-27-169-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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