- 4 Beds
- 2 Baths
- 1,100 sqft
701 Franklin Ave #2, Normal, IL 61761
Home Highlights
Apartment
1,100 sqft
Local Information
-- mins to
About this House
Student Housing Available May 2025
Premier student housing at 701 Franklin located directly across from Illinois State University campus, with convenient access to the College of Business. Our professionally managed property offers both 3 and 4-bedroom units designed specifically for student living.
Available Units
Unit 2: 4 bedrooms, 2 bathroom - $600/month per room - Newly remodeled
Featured Amenities
Professional on-site management by Cherry Lane Properties
Full-service laundry facilities in building
Dedicated off-street parking (2 assigned spots per unit)
Add-on utility package available: high-speed internet, water, and trash service for $70/month
12-month lease
Location
Directly across from ISU campus
Steps away from the College of Business
Schedule a Viewing
Tours are available immediately - contact us today to schedule a viewing!
Premier student housing at 701 Franklin located directly across from Illinois State University campus, with convenient access to the College of Business. Our professionally managed property offers both 3 and 4-bedroom units designed specifically for student living.
Available Units
Unit 2: 4 bedrooms, 2 bathroom - $600/month per room - Newly remodeled
Featured Amenities
Professional on-site management by Cherry Lane Properties
Full-service laundry facilities in building
Dedicated off-street parking (2 assigned spots per unit)
Add-on utility package available: high-speed internet, water, and trash service for $70/month
12-month lease
Location
Directly across from ISU campus
Steps away from the College of Business
Schedule a Viewing
Tours are available immediately - contact us today to schedule a viewing!
701 Franklin Ave #2, Normal, IL 61761 is a 4 bedroom, 2 bathroom, 1,100 sqft apartment. More recently, it was listed as a rental in October 2024 with an asking price of $450 per month. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $852/month.
Home Details for 701 Franklin Ave #2
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
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Appliances & Utilities Dishwasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
Room & Shared Space Room is not furnished |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 701 Franklin Ave #2
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Apartment | $215,000 | 04/30/26 | 2 | 1 | 800 sqft | |
0.68 | Apartment | $105,000 | 12/22/25 | 2 | 1 | 800 sqft | |
0.92 | Apartment | $200,000 | 02/12/26 | 4 | 3,600 sqft | ||
1.48 | Apartment | $150,000 | 01/13/26 | 1 | 1 | 2,432 sqft | |
2.03 | Apartment | $232,000 | 01/16/26 | 2 | 1 | 1,200 sqft | |
1.99 | Apartment | $125,000 | 06/30/26 | 2 | 1 | 875 sqft | |
1.28 | Apartment | $120,000 | 08/13/26 | 1 | 1 | - | |
2.60 | Apartment | $640,000 | 01/13/26 | 2 | 2 | 1,200 sqft | |
3.17 | Apartment | $230,000 | 07/31/26 | 3 | 2 | 1,536 sqft | |
3.42 | Apartment | $3,256,000 | 02/13/26 | 2 | 2 | 15,810 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Normal
Last updated Sep 2026
Trulia Rent Estimate$852/mo
Average rent
$1.2K
$48MoM
Available listings
89
Around this home
What Locals Say about Normal
At least 283 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
63 % Say it's quiet
58 % Say neighbors are friendly
57 % 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
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 25, 2024 Source: Zillow Rentals | Listed For Rent | $450 |
Frequently asked questions about 701 Franklin Ave #2
- Is Normal a buyer's or seller's market?Normal is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Normal?The median sale price in Normal is $270K. That is up $7K from the prior month.
- What do residents say about Normal?Residents describe Normal, IL as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Normal, IL.
- What are the closest schools to 701 Franklin Ave #2?The closest schools to 701 Franklin Ave #2 in Normal, IL are Glenn Elementary School (rated 6/10), Kingsley Jr High School (rated 5/10), Normal Community West High School (rated 7/10).
- Does 701 Franklin Ave #2 have air conditioning?Yes, 701 Franklin Ave #2 in Normal, IL has air conditioning.
- Does 701 Franklin Ave #2 have parking?Yes, 701 Franklin Ave #2 in Normal, IL has on-site parking.
Homes for rent near 701 Franklin Ave #2
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

