Active
506 College Avenue
Normal, IL 61761
$220,000
4beds
1bath
1,584sqft
0.1818acres
Anything from "is it priced right?" to "what's the catch?"
About this home
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!
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential
Year built1955
Age band71-80 Years
Total parking4
Lot size0.1818 acres
Lot dimensions60 X 132
SubdivisionNot Applicable
AreaNormal
Architectural styleTraditional
Bedrooms (total)4
Annual tax$4,082.18
First listedMay 13, 2026
Parcel #1427169007
CountyMcLean
MLS #MRD12644460
Days on market1
Photos28
Schools
ElementarySugar Creek Elementary
Middle / JuniorKingsley Jr High
High schoolNormal Community High School
Features
Heating
Forced Air
Cooling
Central Air
Appliances
RangeMicrowaveDishwasherRefrigeratorWasherDryer
Parking
ConcreteOff StreetDrivewayYesOwned
Construction
Vinyl Siding
Lot features
Mature Trees
Patio / porch
Screened
Sewer
Public Sewer
Listed by
RE/MAX Rising
Neal Fridrich · 815-953-1610
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/13/2026, 8:27:03 PM. All data should be independently verified.
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