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All-Brick Quadplex
For Sale
$285,000

1503 Ensign Drive, Normal, IL 61761

Four two-bedroom units feature in-unit laundry and separate utility metering for each tenant.

Property SizeContact for details
Days on Market19

Property Features for 1503 Ensign Drive

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income
Zoning MULTI

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,258

Amenities

washer
dryer
dishwasher
microwave

Building Details

Year Built 1977
Buildings 1
Construction all-brick
Listing Agency: RE/MAX Rising
Listed By: Sean Bozarth · License #475135415
Source: Birdrealtysells
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 29 at 7:32PM

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 four-unit residential income property was built in 1977 and features all-brick construction. Each apartment offers two bedrooms along with a washer, dryer, dishwasher, and microwave. Separate utilities serve the individual units, supporting distinct tenant utility responsibility.

Located on Ensign Drive in Normal, Illinois, the property is zoned MULTI and configured as a quadplex. The unit-level amenities and durable exterior provide a straightforward multifamily format for continued residential leasing.

Key Highlights

  • Four‑unit residential income property
  • Each unit includes 2 bedrooms
  • Washer, dryer, dishwasher, and microwave in every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Plumbing Service Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom units feature in-unit laundry and separate utility metering for each tenant.
Where is this quadplex located?
The property is located at 1503 Ensign Drive Normal, IL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four‑unit residential income property; Each unit includes 2 bedrooms; Washer, dryer, dishwasher, and microwave in every unit
More about this property
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