Multifamily Property with Off-Street
New
For Sale
$219,000
1501 Hovey Avenue, Normal, IL 61761
Residential Income, Normal, IL
Property SizeContact for details
Lot Size0.35 Acres
Days on Market5
Property Features for 1501 Hovey Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 4, Bathroom 1
Parking
4
Parking features
Owned, Off Street, Guest, Driveway
Basement
Unfinished, Full
Elementary school
Oakdale Elementary
Middle school
Kingsley Jr High
High school
Normal Community West High Schoo
Elementary school district
5
Middle school district
5
High school district
5
Directions
Main to west on Hovey about a block east of Cottage about 1 block on the south side of the street
Subdivision
Normal
Standard status
Active
APN
1432205005
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3941
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1972
Building materials
Brick, Shake Siding
Listing Agency:
RE/MAX Choice · RE/MAX International
(309) 664-8500
Listed By:
Cindy Eckols · License #475130274
(309) 532-1616
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 7:06PM
MLS# 12775377
Copyright © 2026 Midwest Real Estate Data, LLC. 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.
Built in 1972, this multifamily property sits on a 0.35-acre lot and features brick and shake siding. Interior updates include vinyl windows and tiled bathrooms, while a newer roof adds to the building’s recent improvements. Natural gas provides heat, and the property is served by public water and sewer.
Off-street parking is available, along with an outdoor area for grilling. Tenants pay utilities.
Off-street parking is available, along with an outdoor area for grilling. Tenants pay utilities.
Key Highlights
- 0.35‑acre lot
- Built in 1972
- Updated vinyl windows and tiled bathrooms
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
231
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?
Multifamily property - Tenants pay their own utilities at this multifamily property with updated windows and tiled bathrooms.
Where is this multifamily property located?
The property is located at 1501 Hovey Avenue Normal, IL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 0.35‑acre lot; Built in 1972; Updated vinyl windows and tiled bathrooms
