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Sold on 12/07/2020
George Gramm of RE/MAX Choice

1505 Hancock Dr, Normal, IL 61761

  • $275,000

    Last sold 12/07/2020 after 60 Days

  • 12

    bed

  • 6

    bath

Multi-family not for sale
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About 1505 Hancock Dr

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Property description
1505 Hancock is a well-maintained, fully leased, investment property near Illinois State University campus. This four-unit apartment has two 4 bed/2 bath units and two 2 bed/1 bath units. Laundry on-site and two assigned parking spots per unit. These apartments have traditionally been leased to students with a furniture/utility package and lease terms by school year included. The floorplans for each of the units and convenient west Normal location also allows for traditional rentals without the student incentive package. Furniture and wall-mounted TV's will be included in sale. The 4-bed units have been recently remodeled featuring a split-level layout with two separate living rooms and full bathrooms on each floor. Great property for any investor.
Listed by
Listing Agent - George Gramm
Listing Office - RE/MAX Choice
Source: MRED mls logo
MLS#10897014 • last updated 4 years ago
Movoto checked MRED for data 9 minutes ago
Overview
Heating Electric
MLS # 10897014
Status Closed
Type Two To Four Units
Property Tax $ 4976.18
Year Built 1978
Interior
Basement None, Slab
Add'l Room(s) Utility Room-Lower Level
Total # of Rooms 20
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Vinyl Siding
Parking Desc Space/s
# Parking Spaces 8
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Water Source Public
# Units in Building 4
Location
Area Normal
County Mc Lean
Elementary School Oakdale Elementary
Elementary School District 5
High School Normal Community West High Schoo
Middle School District 5
Middle School Kingsley Jr High
High School District 5
APN 1429206004
Zoning MULTI
Multifamily Details
Net Operating Income 21291
Gross Income 51613
We are not permitted to show value estimates for this property.
  • Jan 2021
    mls logo MLS # 10897014
  • Jan 15, 2021 Sold
    $275,000 (-8.0%)
  • Dec 8, 2020 Contingent
    —
  • Oct 8, 2020 Listed
    $299,000
  • 1505 Hancock Dr
    $275K
  • Westbrooke
    $259K
  • 61761
    $309K 0% y/y
  • Normal
    $311K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Oakdale Elementary School
public Grades K-5
Mclean County Community Unit School District 5
3/10
Kingsley Jr High School
public Grades 6-8
Mclean County Community Unit School District 5
6/10
Normal Community West High School
public Grades 9-12
Mclean County Community Unit School District 5
Source: GreatSchools.org © 2026. All rights reserved.

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  • 1505 Hancock Dr
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