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$200,000
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Property Description
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!
Full Property Details
Full Property Details for 506 E College Ave
General
- Sold For: $200,000
- Taxes: $4,082 (2025)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12644460
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: Concrete, Off-Street, Driveway, Yes, Owned
Location
- Area: Normal
- County: McLean
- Subdivision: Not Applicable
- Driving Directions: West on College from Veterans - across from Anderson Park
School Information
- School District: 5
- Midd School District: 5
- Elementary School: Sugar Creek 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
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Hardwood
- Square Feet: 1,584
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.1818
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 60 x 132
- Lot Features: Mature Trees
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1955
- Tax Amount: $4,082.18
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1427169007
Listed by RE/MAX Rising
Sold by RE/MAX Rising
Listing agent
— 506 E College Ave —
RE/MAX Rising
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 506 E College Ave
School District:McLean County Unit School District 5
| Name | Grades | Distance |
|---|---|---|
Sugar Creek Elementary School, Normal, IL 200 North Towanda Avenue, Normal, IL 61761 | K-5 | 1 mi |
Kingsley Jr High School 303 Kingsley Street, Normal, IL 61761 | 6-8 | 1 mi |
Normal Community High School 3900 East Raab Road, Normal, IL 61761 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
506 E College Avenue, Normal, IL 61761 (MLS# 12644460) is a Single Family property that was sold at $200,000 on August 04, 2026. Want to learn more about 506 E College Avenue? 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.