506 E College Ave
Normal, IL 61761
- 4 Beds
- 1 Bath
- 1,584 sqft
4 Beds
1 Bath
1,584 sqft
Local Information
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Description
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!
Home Highlights
Parking
Open Parking
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$139
Listed
No Info
Home Details for 506 E College Ave
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MLS Status: New |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1584 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: Main Level,In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Spa |
Gas & Electric Electric: 200+ Amp Service |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability AccessFloors: Hardwood |
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Exterior Home Features Roof: AsphaltPatio / Porch: ScreenedFoundation: Concrete Perimeter |
Parking & Garage No Attached GarageHas Open ParkingParking Spaces: 4Parking: Concrete,Off Street,Driveway,Yes,Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 1427169007 |
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Price List Price: $220,000Price Per Sqft: $139 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: NormalCommunity: Not Applicable |
School Information Elementary School: Sugar Creek ElementaryElementary School District: 5Jr High / Middle School: Kingsley Jr HighJr High / Middle School District: 5High School: Normal Community High SchoolHigh School District: 5 |
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Listing Agent Listing ID: 12644460 |
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Building Area Building Area: 1584 Square Feet |
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Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved |
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HOA Fee Includes: NoneHOA Fee: No HOA Fee |
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Lot Area: 7919.208 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12644460Activation Date: Wed May 13 2026 |
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ParkCurbsSidewalksStreet LightsStreet PavedSource Internet Consumer CommentMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoSource Internet Address DisplayMRD REMARKSINTERNET: YesHide Price History DisplayHide Days On Site DisplayMRD Remarks On VOW Display: Yes |
Last check for updates: about 22 hours ago
Listing courtesy of: Neal Fridrich, (815) 953-1610
RE/MAX Rising
Source: MRED as distributed by MLS GRID, MLS#12644460

Also Listed on MRED as distributed by MLS GRID.
Price History for 506 E College Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 09/24/2025 | $2,100 | ListingRemoved | Zillow Rentals |
| 06/24/2025 | $2,100 | PriceChange | Zillow Rentals |
| 06/13/2025 | $2,400 | Listed For Rent | Zillow Rentals |
| 04/16/2025 | $121,000 | Sold | N/A |
| 08/12/2023 | ListingRemoved | Zillow Rentals | |
| 05/05/2023 | $2,000 | Listed For Rent | Zillow Rentals |
| 04/05/2023 | ListingRemoved | Zillow Rentals | |
| 03/15/2023 | $2,000 | Listed For Rent | Zillow Rentals |
| 03/24/2021 | ListingRemoved | N/A | |
| 11/03/2019 | $500 | ListingRemoved | N/A |
| 10/03/2019 | $500 | Listed For Rent | N/A |
| 05/18/2019 | $1,500 | ListingRemoved | N/A |
| 05/02/2019 | $1,500 | PriceChange | N/A |
| 04/26/2019 | $1,400 | Listed For Rent | N/A |
| 04/22/2019 | $123,500 | Sold | MRED as distributed by MLS GRID #10273675 |
| 02/26/2019 | $124,900 | Pending | Agent Provided |
| 02/15/2019 | $124,900 | Listed For Sale | Agent Provided |
| 04/19/2018 | $112,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,910 |
| Assessment | $144,459 |
Home facts updated by county records
Comparable Sales for 506 E College Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Single-Family Home | $203,000 | 08/15/25 | 4 | 1 | 1,602 | |
0.17 | Single-Family Home | $205,000 | 06/12/25 | 4 | 2 | 3,402 | |
0.47 | Single-Family Home | $135,000 | 08/15/25 | 2 | 1 | 2,280 | |
0.31 | Single-Family Home | $161,500 | 06/20/25 | 3 | 2 | 1,103 | |
0.32 | Single-Family Home | $215,000 | 07/18/25 | 2 | 1 | 1,056 | |
0.44 | Single-Family Home | $187,500 | 11/07/25 | 4 | 2 | 1,114 | |
0.76 | Single-Family Home | $130,000 | 07/31/25 | 4 | 1 | 1,166 | |
0.09 | Single-Family Home | $265,500 | 05/21/25 | 3 | 2.5 | 2,810 | |
0.13 | Single-Family Home | $285,000 | 09/08/25 | 4 | 2.5 | 2,959 |
Assigned Schools
These are the assigned schools for 506 E College Ave.
What Locals Say about Normal
At least 282 Trulia users voted on each feature.
92 % Say it's dog friendly
90 % Say there are sidewalks
89 % Say car is needed
86 % Say parking is easy
77 % Say yards are well-kept
75 % Say there's holiday spirit
75 % Say people would walk alone at night
72 % Say kids play outside
67 % Say streets are well-lit
64 % Say it's quiet
58 % Say neighbors are friendly
56 % Say there's wildlife
45 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
39 % Say it's walkable to restaurants
27 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Neal Fridrich, RE/MAX Rising
Agent Phone: (815) 953-1610

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
506 E College Ave, Normal, IL 61761 is a 4 bedroom, 1 bathroom, 1,584 sqft single-family home built in 1955. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12644460.

