Great property for the investor with knowledge of rehab and or construction experience.. 2 story needs some TLS, but a great value for the right buyer. Corner lot, fenced back yard. Trees.
Single-familyProperty Type
1918Year Built
8,712 sq ftLot Size
$42Price/Sq.Ft.
Listed by Greg Zavitz• Coldwell Banker Real Estate Group
Bought with Greg Zavitz• Coldwell Banker Real Estate Group
Est. $1,144 per month, based on comparable rentals
Sale and tax history for 501 E Locust St
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12623530
May 29, 2026
Sold (MLS) (Closed)
$47,000
$42/sq ft
Apr 25, 2026
Pending
—
Apr 21, 2026
Listed (Active)
$39,900
$36/sq ft
Public Records
Aug 1, 1995
Sold
$24,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$1,057 (+12.0%)
$13,612 + $7,151
$20,763
2023
$944 (+12.0%)
$11,168 + $5,867
$17,035
2022
$843 (+7.7%)
$10,089 + $5,300
$15,389
2021
$783 (+8.5%)
$9,519 + $5,000
$14,519
2020
$722 (+3.9%)
$9,058 + $4,758
$13,816
2019
$695 (+2.0%)
$9,009 + $4,732
$13,741
2018
$682 (+3.7%)
$8,914 + $4,682
$13,596
2017
$657 (+1.1%)
$8,914 + $4,682
$13,596
2016
$650 (+4.9%)
$8,914 + $4,682
$13,596
2015
$620 (+1.8%)
$8,705 + $4,572
$13,277
2013
$609
$8,705 + $4,572
$13,277
Public record
Public record
Zoning
Permits
Beds
4
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
1,116
Year built
1918
Style
Single Family Residential
County
McLean County
APN
1427158001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-1B
Single-Family Residence District
The intent of this R-1B Residence District is to provide primarily for the establishment of areas of higher density single-family detached dwellings. Densities of approximately 6 du per acre are allowed. This district may be applied to newly developed areas, as well as the older residential areas of the Town.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Feb 24, 2015 • Active
Res - remodel permit application
Tear off and replace the roof on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Baths (Full): 1
Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2
Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 12 x 10
Room Information
Room Type: Bedroom 3
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Room Information
Room Type: Family Room
Room Information
Room Type: Kitchen
Level: Main
Dimensions: 12 x 10
Room Information
Room Type: Laundry
Room Information
Room Type: Living Room
Level: Main
Dimensions: 12 x 15
Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 10 x 12
Bath: None
Additional Rooms Information
Basement: Unfinished, Partial
Basement Sq. Ft.: 665
Interior Features
# of Rooms: 4
Exterior
Building Information
Living Area Source: Assessor
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Construction Materials: Vinyl Siding
Aprox. Total Finished Sq Ft: 1,115
Property Information
Property Type: Detached Single
Property Type: 1.5 Story
Main Sq Ft: 665
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 1,780
Total Sq Ft: 1,115
Unfinished Basement Sq Ft: 665
Upper Sq Ft: 450
Parcel Number: 1427158001
Lot Information
Dimensions: 66 x 132
Lot Size: Less Than .25 Acre
Lot Size Source: County Records
Lot Features: Corner Lot
Zero Lot Line: No
Financial
Tax Information
Tax Annual Amount: $944
Tax Year: 2023
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 5
Elementary School: Fairview Elementary
Middle Or Junior School District: 5
Middle Or Junior School: Chiddix 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: Willow ton South on Maple to Locust
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,116
Stories: 1.5
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1918
Year Renovated: —
County: McLean County
APN: 1427158001
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Teams Information
Buyer Team Name: Z Home Selling Team
Around this home
Schools
Sugar Creek Elementary School
Public PreK-5 • Assigned • 1.0mi
5/10
Kingsley Junior High School
Public 6-8 • Assigned • 1.1mi
5/10
Normal Community West High School
Public 9-12 • Assigned • 2.5mi
7/10
Provided by GreatSchools
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
69
83
63
81
57
71
47
51
36
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
43/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.8 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$112,000 – $135,000
Sell confidently with a local market expert in Normal.