Updated 8-Unit Quadplex
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For Sale
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202-204 Lindell Drive, Normal, IL 61761
Two residential buildings with refreshed windows, air-conditioning units, doors, appliances, cabinets, and bathrooms.
Property SizeContact for details
Days on Market7
Property Features for 202-204 Lindell Drive
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R3W
Units
Unit Mix
6 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
8
Amenities
community washer and dryer
Building Details
Year Built
1970
Buildings
2
Units
8
Listing Agency:
Jim Maloof Realty, Inc.
(309) 692-3900
Listed By:
Ryan Blackorby · License #471009786
Source:
Crexi
Added: Aug 14
Changed: Aug 18
Last Checked: Aug 18 at 10:20AM
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 Jim Maloof Realty, Inc.
Investment Insights
Based on property information with market context.
This residential income property includes two four-unit buildings with eight total units. Each building contains three two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The buildings were constructed in 1970 and include shared laundry facilities.
Property improvements include exterior painting, replacement windows installed in 2022, new window A/C units from 2022, and new front doors completed the same year. Approximately one-third of the appliances have been replaced since 2022, including refrigerators, stoves, and dishwashers. Kitchen cabinets were updated in three units, while three bathrooms were remodeled within the last five years. Unit 204 also has a 2025 water heater and 2022 heat registers. The property is zoned R3W and is located near Illinois State University, dining, shopping, parks, and schools in Normal, Illinois.
Property improvements include exterior painting, replacement windows installed in 2022, new window A/C units from 2022, and new front doors completed the same year. Approximately one-third of the appliances have been replaced since 2022, including refrigerators, stoves, and dishwashers. Kitchen cabinets were updated in three units, while three bathrooms were remodeled within the last five years. Unit 204 also has a 2025 water heater and 2022 heat registers. The property is zoned R3W and is located near Illinois State University, dining, shopping, parks, and schools in Normal, Illinois.
Key Highlights
- Eight total units across two four‑unit buildings
- Unit mix includes six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- Replacement windows and window A/C units installed in 2022
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
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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?
Quadplex - Two residential buildings with refreshed windows, air-conditioning units, doors, appliances, cabinets, and bathrooms.
Where is this quadplex 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 buildings; Unit mix includes six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Replacement windows and window A/C units installed in 2022
