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.
New
$225,000
212 W Locust St, Normal, IL 61761
3beds
1,232sqft
Single Family Residence
Built in 1956
5,227 Square Feet Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
- 10 hours
- 135
- 2
Zillow last checked:
Listing updated:
Listed by:
Jared Litwiller 309-840-5983,
Freedom Realty
Source: MRED as distributed by MLS GRID,MLS#: 12738602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 264 Square Feet
- Dimensions: 22X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13X12
Kitchen
- Features: Kitchen (Galley), Flooring (Tile)
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14X8
Laundry
- Level: Main
- Area: 30 Square Feet
- Dimensions: 5X6
Living room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18X13
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level, In Kitchen
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,232 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 1428254009
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Other
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Normal
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $171,435
- Annual tax amount: $4,251
- Date on market: 10/7/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $225,000$183/sqft |
Source:  MRED as distributed by MLS GRID #12738602 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/1/2019 | Listing removed | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 5/1/2019 | Listed for rent | $1,200$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,439 +4.4% | $57,145 +9.1% |
| 2024 | $4,251 +5.9% | $52,359 +11.7% |
| 2023 | $4,013 +5.5% | $46,883 +10.7% |
| 2022 | $3,805 +3.5% | $42,355 +6% |
| 2021 | $3,675 | $39,961 +1% |
| 2020 | -- | $39,546 +0.5% |
| 2019 | -- | $39,334 +1.1% |
| 2018 | $3,492 | $38,918 |
| 2017 | $3,492 +3.7% | $38,918 |
| 2016 | $3,368 +3.9% | $38,918 +2.4% |
| 2015 | $3,241 | $38,006 |
| 2014 | $3,241 +1.9% | $38,006 |
| 2013 | $3,181 +10.9% | $38,006 -0.8% |
| 2012 | $2,869 | $38,301 +5.3% |
| 2011 | $2,869 +0.7% | $36,370 |
| 2010 | $2,851 +1.9% | $36,370 |
| 2009 | $2,798 +5.7% | $36,370 +3.5% |
| 2008 | $2,648 +4% | $35,137 +3% |
| 2007 | $2,546 | $34,114 +0.9% |
| 2006 | -- | $33,810 +4% |
| 2005 | -- | $32,516 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61761
Nearby schools
Schools provided by the listing agent
- District: 5
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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