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!
Property Features
Parking
Concrete
Off Street
Driveway
Cooling Information
Central Air
Heating Information
Forced Air
Water Features
Public
Basement
Crawl Space
School Information
School Information for 506 E College Avenue, Normal, IL 61761
Elementary School
Sugar Creek Elementary
Middle School
Kingsley Jr High
High School
Normal Community High School
Listing Courtesy: RE/MAX Rising - 309-340-1000
Based on information submitted to the MLS GRID as of 2026-05-13 15:47:38. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-05-13 15:47:38
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Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.