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$285,000 Just Listed
Property Description
Great investment opportunity, All brick duplex; each unit has 2 bed 1 bath with a full unfinished basement. Both sides are currently rented month to month $1375 and tenants pay utilities! There is a 2 car detached garage that tenants share.
Full Property Details
Full Property Details for 507 E Cypress St
General
- Price: $285,000
- Taxes: $6,045 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12696629
- Updated: 7/8/2026
- Added to Site: 7 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Normal
- County: McLean
- Township: Normal
- Subdivision: Not Applicable
- Driving Directions: on the corner of cypress and Beech street
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
- Elementary School: Glenn Elementary
- Middle School: Kingsley Jr High
- High School: Normal Community West High Schoo
- Private School: Normal Community West High Schoo
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1967
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 71 x 131
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1967
- Tax Amount: $6,045
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1427116004
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Schools
Schools serving 507 E Cypress St
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 |
Glenn Elementary School 306 Glenn Avenue, Normal, IL 61761 | K-5 | 1.1 mi |
Kingsley Jr High School 303 Kingsley Street, Normal, IL 61761 | 6-8 | 1.1 mi |
Normal Community West High School 501 North Parkside Road, Normal, IL 61761 | 9-12 | 2.7 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 507 E Cypress St
Date
Details
Price
Change
Source
7/07/2026
Listed
$285,000
90%
MLS
11/17/2017
Sold
$150,000
—
Public Record
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 507 E Cypress St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,045
—
$81,259
9%
2024
$6,045
6%
$74,454
12%
2023
$5,706
9%
$66,667
17%
2021
$5,226
-3%
$56,824
-6%
2022
$5,410
4%
$60,228
7%
2020
$5,197
4%
$56,233
1%
2019
$5,021
—
$55,931
1%
2019
$5,021
1%
$55,339
—
2018
$4,965
4%
$55,339
—
2017
$4,788
—
$55,339
—
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 507 E Cypress St
507 E Cypress Street, Normal, IL 61761 (MLS# 12696629) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 507 E Cypress Street is currently listed for $285,000 and was received on July 07, 2026. Want to learn more about 507 E Cypress Street? Do you have questions about finding other Multi-Family real estate for sale in Normal? You can browse all Normal real estate or contact a Coldwell Banker agent to request more information.