Campus-Area
For Sale
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1016 1/2 W Hovey Ave, Normal, IL 61761
Two-unit property currently leased as a five- to six-bedroom residence for the upcoming school year.
Property SizeContact for details
Days on Market144
Property Features for 1016 1/2 W Hovey Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Listing Agency:
RE/MAX Rising
(309) 261-1302
Listed By:
Sean Bozarth · License #IL 475135415
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Rising
Investment Insights
Based on property information with market context.
This duplex is being operated as a single five- to six-bedroom residence and is already rented for the next school year. The configuration offers an existing income-producing use without adding unsupported assumptions about the interior layout or improvements.
The property is located at 1016 1/2 W Hovey Ave in Normal, Illinois, close to campus. It is agent owned, and the current occupancy provides a defined leasing status for the upcoming academic year.
The property is located at 1016 1/2 W Hovey Ave in Normal, Illinois, close to campus. It is agent owned, and the current occupancy provides a defined leasing status for the upcoming academic year.
Key Highlights
- Duplex at 1016 1/2 W Hovey Ave, Normal, IL 61761
- Currently rented for the next school year
- Operated as a 5‑6 bedroom house
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
770
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property currently leased as a five- to six-bedroom residence for the upcoming school year.
Where is this duplex located?
The property is located at 1016 1/2 W Hovey Ave Normal, IL.
What are key features of this property?
This property features: Duplex at 1016 1/2 W Hovey Ave, Normal, IL 61761; Currently rented for the next school year; Operated as a 5‑6 bedroom house
