Property photo 1
Property photo 2
3 Beds
2 Baths
1,232 sqft

$225,000

212 W Locust Street, Normal IL, 61761

Price per sqft$182.63
Built in1956
Property size1,232 sqft
Property typeResidential
Listed by Jared Litwiller with Freedom Realty 309-840-5983

Overview

Active

New

Listed Oct 7, 2026

Updated 2 days ago

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.

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12738602

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,251
Tax Frequency
Annually
MLS provider logo

Listed by Jared Litwiller with Freedom Realty 309-840-5983

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Ron Ehlers are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 6:53 AM UTC on 10/8/2026. 

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