Successful income property with all 4 units in very good condition and currently rented. Convenient near east side Normal location. Property has off street parking, security lighting, coin laundry and landlord storage. Tenants pay all utilities.
Sold for $240,000 on 12/13/24
$240,000
506 E Locust St, Normal, IL 61761
6beds
3,648sqft
Apartment
Built in 1966
-- sqft lot
$260,400 Zestimate®
$66/sqft
$1,727 Estimated rent
Home value
$260,400
$229,000 - $292,000
$1,727/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 3/4 bathrooms: 1
Interior area
- Total interior livable area: 3,648 sqft
Property
Lot
- Size: 9,900 sqft
Details
- Parcel number: 1427154008
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1966
Community & neighborhood
Location
- Region: Normal
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $240,000-17%$66/sqft |
Source: Public Record | ||
| 11/8/2024 | Pending sale | $289,000$79/sqft |
Source: Owner | ||
| 11/8/2024 | Listed for sale | $289,000+75.2%$79/sqft |
Source: Owner | ||
| 7/27/2011 | Sold | $165,000+2.2%$45/sqft |
Source: Public Record | ||
| 5/14/2007 | Sold | $161,500$44/sqft |
Source:  MRED as distributed by MLS GRID #10195148 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,655 +22.4% | $66,073 +28.5% |
| 2022 | $4,620 +3.5% | $51,434 +6% |
| 2021 | $4,463 | $48,527 +1% |
Find assessor info on the county website
Neighborhood: 61761
Nearby schools
GreatSchools rating
- 5/10Glenn Elementary SchoolGrades: K-5Distance: 1.1 mi
- 5/10Kingsley Jr High SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Normal Community West High SchoolGrades: 9-12Distance: 2.7 mi
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