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!
Price change
$209,900
506 E College Ave, Normal, IL 61761
4beds
1,584sqft
Single Family Residence
Built in 1955
7,919 Square Feet Lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Fresh paint throughoutRecently renovatedBeautifully refinished hardwood floorsAmple rear parking
- --
- on Zillow |
- 713
- views |
- 19
- saves |
Likely to sell faster than
Zillow last checked:
Listed by:
Neal Fridrich 815-953-1610,
RE/MAX Rising
Source: MRED as distributed by MLS GRID,MLS#: 12644460
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 3
- Features: Flooring (Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 4
- Features: Flooring (Luxury Vinyl)
- Level: Main
- Area: 242 Square Feet
- Dimensions: 11X22
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 77 Square Feet
- Dimensions: 7X11
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Luxury Vinyl), Window Treatments (Blinds)
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14X10
Laundry
- Features: Flooring (Luxury Vinyl)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19X13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Main Level, In Unit
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Flooring: Hardwood
- Basement: Crawl Space
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Off Street, Driveway, Yes, Owned
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Screened
Lot
- Size: 7,919 Square Feet
- Dimensions: 60 X 132
- Features: Mature Trees
Details
- Parcel number: 1427169007
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
- Subdivision: Not Applicable
HOA
- Services included: None
Location
- Region: Normal
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $144,459
- Annual tax amount: $4,082
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listing removed | $220,000$139/sqft |
Source: REMAX Report a problem | ||
| 5/20/2026 | Listed for sale | $220,000+81.8%$139/sqft |
Source: REMAX Report a problem | ||
| 9/24/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2025 | Price change | $2,100-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/13/2025 | Listed for rent | $2,400+20%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Sold | $121,000-2%$76/sqft |
Source: Public Record Report a problem | ||
| 8/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/5/2023 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2023 | Listed for rent | $2,000+300%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/3/2019 | Listing removed | $500 |
Source: Owner Report a problem | ||
| 10/3/2019 | Listed for rent | $500-66.7% |
Source: Owner Report a problem | ||
| 5/18/2019 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 5/2/2019 | Price change | $1,500+7.1%$1/sqft |
Source: Owner Report a problem | ||
| 4/26/2019 | Listed for rent | $1,400$1/sqft |
Source: Owner Report a problem | ||
| 4/22/2019 | Sold | $123,500-1.1%$78/sqft |
Source:  MRED as distributed by MLS GRID #10273675 Report a problem | ||
| 2/26/2019 | Pending sale | $124,900$79/sqft |
Source: RE/MAX Choice #10273675 Report a problem | ||
| 2/15/2019 | Listed for sale | $124,900+11%$79/sqft |
Source: RE/MAX Choice #10273675 Report a problem | ||
| 4/19/2018 | Sold | $112,500$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,910 +5.9% | $48,153 +11.7% |
| 2023 | $3,690 +5.5% | $43,117 +10.7% |
| 2022 | $3,499 +3.5% | $38,953 +6% |
| 2021 | $3,380 | $36,751 +5.1% |
| 2020 | -- | $34,970 +0.5% |
| 2019 | -- | $34,782 +14.7% |
| 2018 | $2,722 | $30,331 |
| 2017 | $2,722 +29.3% | $30,331 |
| 2016 | $2,105 +4.5% | $30,331 +2.4% |
| 2015 | $2,014 | $29,620 |
| 2014 | $2,014 +1.9% | $29,620 |
| 2013 | $1,977 +5.6% | $29,620 -0.8% |
| 2012 | $1,873 | $29,850 +0.4% |
| 2011 | $1,873 +0.7% | $29,735 |
| 2010 | $1,860 +1.9% | $29,735 |
| 2009 | $1,826 +4.3% | $29,735 +3.5% |
| 2008 | $1,750 +2.5% | $28,727 +3% |
| 2007 | $1,708 | $27,890 +0.9% |
| 2006 | -- | $27,641 +4% |
| 2005 | -- | $26,583 -15.9% |
| 2002 | -- | $31,626 +4% |
| 2001 | -- | $30,421 +4% |
| 2000 | -- | $29,242 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 61761
Nearby schools
GreatSchools rating
- 5/10Sugar Creek Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Kingsley Jr High SchoolGrades: 6-8Distance: 1 mi
- 4/10Normal Community High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Sugar Creek Elementary
- Middle: Kingsley Jr High
- High: Normal Community High School
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- McLean County
- Normal
- 61761
- 506 E College Ave
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