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$249,900 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,464 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Welcome to easy living in this well-located ranch with a fully finished walkout basement in the heart of BloNo! Just minutes from Illinois State University, this home puts you close to everything-local restaurants, shopping, parks, and quick access to the Constitution Trail. The main level offers a bright, functional layout with great natural light and comfortable everyday flow. Downstairs, the walkout basement adds valuable living space-perfect for a second living area, home office, or guest setup-with easy access to the backyard. Whether you're looking for proximity to campus, an investment opportunity, or just want to be close to all that Bloomington-Normal has to offer, this home delivers on location and versatility.

Full Property Details for 505 W Summit St

General

  • Price: $249,900
  • Taxes: $4,869 (2024)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12615617
  • Updated: 4/12/2026
  • Added to Site: 4 day(s) ago

Interior

  • Basement: Partially
  • Interior Features: 1st-Floor Bedroom, Built-in Features, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Living Room, Basement, Wood-Burning, Gas Log
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Normal
  • County: McLean
  • Township: Normal
  • Subdivision: Fairview
  • Driving Directions: N on Main, Right on Summit 3rd house on the right. Close to Fairview Pool and Park

School Information

  • School District: 5
  • Elem School District: 5
  • Midd School District: 5
  • High School District: 5
  • Elementary School: Fairview Elementary
  • Middle School: Kingsley Jr High
  • High School: Normal Community High School
  • Private School: Normal Community High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full, Walk-Out Access
  • Foundation: Block
  • Roof: Asphalt
  • Sub-Flooring: Hardwood
  • Square Feet: 2,464
  • Sq. Ft. Source: Estimated
  • Year Built: 1961
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.2296
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 80 x 136

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1961
  • Tax Amount: $4,869.74
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1421328003

Listed by RE/MAX Rising

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— 505 W Summit St —

  • RE/MAX Rising

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Schools serving 505 W Summit St

School District:McLean County Unit School District 5
NameGradesDistance
Fairview Elementary School, Normal, IL
416 Fairview Street, Normal, IL 61761
K-50.2 mi
Sugar Creek Elementary School, Normal, IL
200 North Towanda Avenue, Normal, IL 61761
K-52 mi
Chiddix Jr High School
300 South Walnut Street, Normal, IL 61761
6-81.3 mi
Normal Community High School
3900 East Raab Road, Normal, IL 61761
9-124.3 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 505 W Summit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$249,900
66.6%
MLS
7/01/2019
Sold
$150,000
—
Public Record
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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 for 505 W Summit St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,870
—
$82,920
9%
2024
$4,870
9%
$75,976
12%
2023
$4,453
17%
$68,030
17%
2021
$3,806
2%
$57,986
-6%
2022
$3,717
-3%
$61,460
7%
2020
$3,824
-2%
$57,383
1%
2019
$3,912
—
$57,075
1%
2019
$3,912
-4%
$56,471
—
2018
$4,080
4%
$56,471
—
2017
$3,935
—
$56,471
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Rising

505 W Summit Street, Normal, IL 61761 (MLS# 12615617) is a Single Family property with 4 bedrooms and 3 full bathrooms. 505 W Summit Street is currently listed for $249,900 and was received on April 10, 2026. Want to learn more about 505 W Summit 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.

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