8-Unit Apartment
For Sale
$649,900
202-204 Lindell Drive, Normal, IL 61761
Commercial Sale, Normal, IL
Property SizeContact for details
Lot Size0.44 Acres
Days on Market30
Property Features for 202-204 Lindell Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3W
Parking
12
Directions
E. Vernon to South on S. Linden to East on Lindell. Property is on the North side of the road.
Standard status
Active
APN
14-27-356-002
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LINDELL SUB LOT 2 & 3
Tax Annual Amount
11939
Legal Description
LINDELL SUB LOT 2 & 3
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
community washer and dryer
Building Details
Year built
1970
Floors in Building
2
Number of units
8
Flooring type
Carpet, Tile
Building materials
Brick, Frame
Roof type
Composition
Listing Agency:
Jim Maloof Realty, Inc.
(309) 444-8800
Listed By:
Ryan Blackorby · License #471009786
(309) 657-6787
Added: Aug 13
Changed: Sep 11
Last Checked: Sep 11 at 10:06PM
MLS# PA1269253
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes two four-unit apartment buildings with eight total residences. Each building contains three two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. The buildings were constructed in 1970 with brick and frame materials, composition roofs, tile and carpet flooring, hot-water heating, and window or wall/window cooling. Public sewer serves the property, which is zoned R3W and occupies 0.44 acres.
Improvements include new windows and window air-conditioning units installed in 2022, exterior painting, new front doors, and replacement of approximately one-third of the appliances since 2022. Kitchen cabinets were updated in three units, while three bathrooms were remodeled within the last five years. Unit 204 has a 2025 water heater and 2022 heat registers. Shared laundry equipment is available, and the property is located near Illinois State University, dining, shopping, parks, and schools in Normal, Illinois.
Improvements include new windows and window air-conditioning units installed in 2022, exterior painting, new front doors, and replacement of approximately one-third of the appliances since 2022. Kitchen cabinets were updated in three units, while three bathrooms were remodeled within the last five years. Unit 204 has a 2025 water heater and 2022 heat registers. Shared laundry equipment is available, and the property is located near Illinois State University, dining, shopping, parks, and schools in Normal, Illinois.
Key Highlights
- Eight total units across two four‑unit apartment buildings
- Unit mix includes six 2‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments
- 0.44‑acre site zoned R3W with public sewer
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 61761, IL
53,045
Population
22,037
Households
2.4
Avg Household Size
28
Median Age
52%
College-Educated
98%
High-School Grad
42.6 sq mi
ZIP Area
1,245
Density / Sq Mi
$66,642
Median Household Income
$28,606
Median Earnings
$976
Median Rent
$200,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two brick multifamily buildings near Illinois State University with updated windows, select appliances, and shared laundry facilities.
Where is this apartment building located?
The property is located at 202-204 Lindell Drive Normal, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Eight total units across two four‑unit apartment buildings; Unit mix includes six 2‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments; 0.44‑acre site zoned R3W with public sewer
