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Sold on 04/29/2016
Sue Tretter of Keller Williams Revolution
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505 E Cypress, Normal, IL 61761

$241,000

Last sold 04/29/2016 for $190K

  • 7

    bed

  • 4

    bath

Multi-family not for sale
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About 505 E Cypress

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Movoto estimate
Property description
4-plex in convenient North Normal location - Great Investment Opportunity. 3 - 2 bedroom units, 1 - 1 bedroom. Each unit has a washer/dryer hook-up in basement and storage. Each unit has 1 space in Private Garage parking. Major capital improvements within the last 5 years: roof (2015), windows (2015), exterior doors (2015), furnace (2012), 3 of 4 water heaters newer. Tenant pays water, gas and electric. Owner pays electric for common areas. Snow removal, garbage and lawn care paid by owner. All units rented.
Listed by
Listing Agent - Sue Tretter
Listing Office - Keller Williams Revolution
Source: MRED mls logo
MLS#10195353 • last updated 5 years ago
Movoto checked MRED for data 5 minutes ago
Overview
MLS # 10195353
Status Closed
Type Two To Four Units
Property Tax $ 5135
Year Built 1968
Interior
Total # of Rooms 15
Exterior
Construction Brick
Parking Desc On Site
Lot Desc Mature Trees
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
# Units in Building 4
Location
Area Normal
County Mc Lean
Subdivision NOT APPLICABLE
Elementary School GLENN 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 1427116003
Multifamily Details
Expense: Maintenance 795
Expense: Other 10468
Net Operating Income 14857
Expense: Management 2295
Gross Income 25325
Total Rental Income 27900
$241K
Range: $212K-$269K
Last 30 days 
  • Dec 2019
    Public Records
  • Dec 5, 2019 Sold
    $172,000 (-9.5%)
  • Jun 2016
    Public Records
  • Jun 16, 2016 Sold
    $190,000
  • Jun 2016
    mls logo MLS # 10195353
  • Jun 14, 2016 Sold
    $190,000 (-9.5%)
  • Apr 4, 2016 Listed
    $210,000 (+12.6%)
  • Feb 2011
    Public Records
  • Feb 23, 2011 Sold
    $186,500
  • Feb 2011
    mls logo MLS # 10195229
  • Feb 7, 2011 Sold
    $186,500 (-6.7%)
  • Apr 6, 2010 Listed
    $199,900
  • Year Property taxes Tax assessment
  • 2025
    $6,435 +4.4%
    $82,845
  • 2024
    $6,163 +5.9%
    $82,845 +21.89%
  • 2023
    $5,817 +5.5%
    $67,969 +10.69%
  • 2022
    $5,516 +3.5%
    $61,405 +5.99%
  • 2021
    $5,328 +0.6%
    $57,935
  • 2020
    $5,298 -6.5%
    $57,935 -8.19%
  • 2019
    $5,665 +1.1%
    $63,105 +1.07%
  • 2018
    $5,602 +3.7%
    $62,437
  • 2017
    $5,403 +1.1%
    $62,437
  • 2016
    $5,344 +2.8%
    $62,437
  • 2015
    $5,199 +1.3%
    —
  • 2014
    $5,135
    —
  • 505 E Cypress
    $190K
  • Normal
    —
  • 61761
    $275K 0% y/y
  • Normal
    $275K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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