506 E College Avenue Normal, IL $ 220,000
506 E College Avenue
$ 220,000
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506 E College Avenue

Normal, IL, 61761
$ 220,000
Bedrooms4 Baths1.0 Sq 1,584

Monthly Estimate*

$ 1,355

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Single Family Home for sale in Normal, IL

for $220,000 with 4 bedrooms and 1 full bath. This 1,584 square foot home was built in 1955 on a lot size of 0.1818.

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!

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Single Family Active

Price

$ 220,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 4,082

Style

Traditional

Lot Size

0.1818

Year Built

1955

Town/City

Normal

County/Region

McLean

MLS | Web ID

12644460

Features
General
Living Area 1584
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer
HOA Fee 0
Association Fee Includes None
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1955
Electric 200+ Amp Service
Township Normal
Tax Year 2025
Ownership Fee Simple
Community Features Park Curbs Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County McLean
New Construction N
Property Type Residential Detached Single
Subdivision Name Not Applicable
Total Rooms 7
Full Baths 1
Status New
Directions West on College from Veterans - across from Anderson Park
High School Normal Community High School
City Normal
High School District 5
MLS Area Normal
Elementary School Sugar Creek Elementary
Tax Annual Amount 4082.18
Middle/Junior High School Kingsley Jr High
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 5
Elementary School District 5
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Interior
Interior Amenities 1st Floor Bedroom 1st Floor Full Bath
Basement Crawl Space
Flooring Hardwood
Half Baths 0
Laundry Features Main Level In Unit
Total Bedrooms 4
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 4
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Exterior
Parking Features Concrete Off Street Driveway Yes Owned
Lot Features Mature Trees
Water Source Public
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 60 X 132
Lot Size Acres 0.1818
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Rising

Broker

neal@hsphomes.com

Email

Affordability Calculator

$1,695
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,355
Monthly Property Taxes
$340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2510709 Elementary School
2509508 Middle School
Normal Community High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$220,000 Listed Price

Map


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506 E College Avenue, Normal, IL, 61761 is a Single Family Home for sale at $220,000 with 1,584 sqft and a lot size of 0.1818. 506 E College Avenue has 4 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 61761 which is in Normal, IL