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🔥Great Value Add Opportunity in Normal🔥

• 4 Beds / 1.5 Baths • 2,500 SqFt

Sold

Offer Submission Deadline

House Type Single Family House
Bedrooms 4
Bathrooms 1.5
Year Built 1950
Approx.SqFt. 2500

Description

🏡Property Description

4 Bed | 1.5 Bath | ~2,500 Sq Ft
Built 1950
Attached 1 Car Garage
Huge Lot
Owner Occupied

💰 The Numbers

Purchase Price: $65,000
Estimated Repairs: ~ $60,000 - $90,000
ARV: ~ $210,000

Comparables

206 E Sycamore St, Normal, IL 61761 ($203,000, 8/15/2025)
406 E Sycamore St, Normal, IL 61761 ($187,500, 11/7/2025)
115 W Cypress St, Normal, IL 61761 ($230,000, 5/08/2025)
8 University Ct, Normal, IL 61761 *Contingent ($235,000)

Solid spread for a clean flip or rental hold in a strong market.

🛠 Major Systems

Roof – Age unknown (No reported leaks)
Furnace – Older but still working fine
Water Heater – Brand New within the year
Electrical- Working condition

🔧 Repairs Needed

Cosmetics throughout
Kitchen + bath updates
Flooring / paint
Roof
Siding
Gutters

💲 Terms

Asking: $65,000 Cash
Buyer pays all closing costs
As-is sale
Vacant at closing
Walkthroughs available upon request

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors