This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$225,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
LOCATION, LOCATION, LOCATION! Commercially zoned property situated directly across the street from the Illinois State University campus, offering a rare opportunity for investors, developers, or business owners. Previously utilized as a detached single-family student rental, the property provides several potential paths for future use. Continue operating it as student housing, repurpose the existing structure for another permitted commercial use, or take advantage of the prime location and redevelop the site. With its highly visible location immediately adjacent to ISU and an affordable acquisition price, this property offers exciting potential for both immediate use and future redevelopment with very little risk as the ground it sits on is just as valuable. Perfect for someone with a student at the university wanting something in walking distance to classes with easy resale after graduation.
Full Property Details
Full Property Details for 212 W Locust St
General
- Price: $225,000
- Taxes: $4,251 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12738602
- Updated: 10/7/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 2
- Parking Features: Yes, Owned
Location
- Area: Normal
- County: McLean
- Township: Normal
- Driving Directions: From Main Street head east on Locust, past Bone Student Center a few blocks on the right.
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Other
- Exterior Const.: Brick, Other
- Basement Desc.: None
- Square Feet: 1,232
- Sq. Ft. Source: Estimated
- Year Built: 1956
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .12
Financial Considerations
- Assessment Year: 1956
- Tax Amount: $4,251
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1428254009
Listed by Freedom Realty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 212 W Locust St
School District:McLean County Unit School District 5
| Name | Grades | Distance |
|---|---|---|
Glenn Elementary School 306 Glenn Avenue, Normal, IL 61761 | K-5 | 0.9 mi |
Sugar Creek Elementary School, Normal, IL 200 North Towanda Avenue, Normal, IL 61761 | K-5 | 1.6 mi |
Kingsley Jr High School 303 Kingsley Street, Normal, IL 61761 | 6-8 | 0.6 mi |
Normal Community West High School 501 North Parkside Road, Normal, IL 61761 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 212 W Locust St
Date
Details
Price
Change
Source
10/07/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 212 W Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,251
—
$57,145
9%
2024
$4,251
6%
$52,359
12%
2023
$4,013
9%
$46,883
17%
2021
$3,675
-3%
$39,961
-6%
2022
$3,805
4%
$42,355
7%
2020
$3,655
4%
$39,546
1%
2019
$3,531
—
$39,334
1%
2019
$3,531
1%
$38,918
—
2018
$3,492
4%
$38,918
—
2017
$3,368
—
$38,918
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 212 W Locust St
212 W Locust Street, Normal, IL 61761 (MLS# 12738602) is a Single Family property with 3 bedrooms and 2 full bathrooms. 212 W Locust Street is currently listed for $225,000 and was received on October 07, 2026. Want to learn more about 212 W Locust Street? Do you have questions about finding other Single Family real estate for sale in Normal? You can browse all Normal real estate or contact a Coldwell Banker agent to request more information.
