212 Locust Street, Normal, Illinois 61761
$225,000
|
For Sale
|
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| Status: | Active |
| Sqft: | 1,232 |
| Cost/Sqft: | $183 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 1956 |
| Property Taxes: | $4,251 |
| Days On Market: | 13 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Single Family | |
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| 1956 | |
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| No | |
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| — / Not Applicable | |
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| — | |
| 12738602 | |
| 1428254009 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 7 Oct, 2026 | Listed for sale | $225,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 0.12 | |
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| — | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $4,251 |
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Listing Provided By
Freedom Realty
