OUTSTANDING all-brick 4-unit apartment building, THREE 2-BEDROOM UNITS, and ONE LARGE 1-BEDROOM UNIT. Nice layout, spacious rooms. WELL-MAINTAINED in desirable residential neighborhood with mature trees. Very competitively-priced! Ample parking for tenants and guests. A/C in each unit plus ceiling fans in all bedrooms and living room. Coin laundry room in building provides additional revenue. Earn great rental income (gross rent multiplier = 5) plus all the tax savings for a great investment opportunity! Close to Fairview Park and Aquatic Center, I.S.U. campus, shopping. New rental rates are $605/month. Pitched roof is less than 10 years old. Purchase this one apt building or up to seven 4-unit buildings (1 or 2 bedroom units available). See other MLS apartment listings on Sheryl Dr & College Park Ct in Normal, IL.
Year
Property tax
Land + Additions
Assessment*
2024
$6,271 (+5.9%)
$18,361 + $65,926
$84,287
2023
$5,919 (+5.5%)
$15,064 + $54,088
$69,152
2022
$5,612 (+3.5%)
$13,609 + $48,864
$62,473
2021
$5,421 (+0.6%)
$12,840 + $46,102
$58,942
2020
$5,390 (+3.5%)
$12,707 + $45,623
$58,330
2019
$5,208 (+1.1%)
$12,639 + $45,378
$58,017
2018
$5,151 (+3.7%)
$12,505 + $44,898
$57,403
2017
$4,967 (+1.1%)
$12,505 + $44,898
$57,403
2016
$4,913 (+2.8%)
$12,505 + $44,898
$57,403
2015
$4,779 (+1.9%)
$12,212 + $43,846
$56,058
2013
$4,691
$12,212 + $43,846
$56,058
Tax history for 1007 Sheryl Ln
Year
Property tax
Land + Additions
Assessment*
2024
$6,271 (+5.9%)
$18,361 + $65,926
$84,287
2023
$5,919 (+5.5%)
$15,064 + $54,088
$69,152
2022
$5,612 (+3.5%)
$13,609 + $48,864
$62,473
2021
$5,421 (+0.6%)
$12,840 + $46,102
$58,942
2020
$5,390 (+3.5%)
$12,707 + $45,623
$58,330
2019
$5,208 (+1.1%)
$12,639 + $45,378
$58,017
2018
$5,151 (+3.7%)
$12,505 + $44,898
$57,403
2017
$4,967 (+1.1%)
$12,505 + $44,898
$57,403
2016
$4,913 (+2.8%)
$12,505 + $44,898
$57,403
2015
$4,779 (+1.9%)
$12,212 + $43,846
$56,058
2013
$4,691
$12,212 + $43,846
$56,058
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
3,776
Year built
1971
Style
Other
County
McLean County
APN
1421402008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-3A
Medium Density Multiple-Family Residence District
The intent of this R-3A Residence District is to facilitate the development of residential districts for primarily multiple-family residences, which may generally serve as a zone of transition between non-residential districts and residential districts of more moderate density. This district is further intended to provide for the needs of persons desiring the apartment type of dwelling at densities from 12 to 18 dwelling units per acre.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
# Of Cars: 5
# of Parking (Total): 5
Parking On-Site: Yes
Parking: Space/s
Parking Ownership: Owned
Interior
Bathroom Information
# of Baths (Full): 4
Bedroom Information
# of Bedrooms: 7
# of Bedrooms Possible: 7
Additional Rooms Information
Basement Description: Slab
Interior Features
# of Rooms: 15
Exterior
Building Information
# Of Units in Building: 4
Exterior Building Type: Brick
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 1421402008
Lot Information
Dimensions: 93 X 120
Lot Size: Less Than .25 Acre
Zoning: MULTI
BNAR Zoning: R1C
Financial
Tax Information
Tax Annual Amount: $5,390
Tax Year: 2020
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Steam
Location
Unit Type 1 Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: Electric
Lease Expiration Date: 0
Unit Type 2 Information
Appliances and Features: Stove,Refrigerator
Tenant Pays: Electric
Lease Expiration Date: 0
Unit Type 3 Information
Appliances and Features: Stove,Refrigerator
Tenant Pays: Electric
Lease Expiration Date: 0
Unit Type 4 Information
Appliances and Features: Stove,Refrigerator
Tenant Pays: Electric
Lease Expiration Date: 0
School Information
Elementary School District: 5
Elementary School: Fairview Elementary
Middle Or Junior School District: 5
Middle Or Junior School: Kingsley Jr High
High School District: 5
High School: Normal Community West High Schoo
Location Information
Subdivision Name: Not Applicable
Township: Normal
Corporate Limits: Normal
Directions: Shelbourne to north on Sheryl
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,776
Stories: —
Lot Size: 0.26 acres
Style: Other
Year Built: 1971
Year Renovated: —
County: McLean County
APN: 1421402008
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
Fairview Elementary School
Public K-5 • Assigned • 0.2mi
6/10
Chiddix Junior High School
Public 6-8 • Assigned • 1.2mi
6/10
Normal Community High School
Public 9-12 • Assigned • 3.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Normal, IL • 61761
Average low and high temperatures (°F)
31
15
41
23
60
36
67
45
74
52
83
64
86
68
83
63
83
56
71
47
51
36
38
23
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Feb
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Apr
May
Jun
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$338,000 – $409,000
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