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302 W Vernon Ave
Normal, IL 61761
The Social at Illinois State · Multifamily Property For Sale · 39 Units
PROPERTY FACTS
| No. Units | 39 | Lot Size | 1.69 AC |
| Property Type | Multifamily | Building Size | 74,148 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 2003 |
| Building Class | B |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 74,148 SF |
| No. Stories | 3 |
| Year Built | 2003 |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Gated
- Furnished Units Available
- Roommate Matching
About 302 W Vernon Ave , Normal, IL 61761
Marcus & Millichap is pleased to present the Lincoln Park Townhomes, located at 609 South Fell Avenue and 302 West Vernon Avenue in Normal, Illinois. The Lincoln Park Townhomes are designed as brick, townhome-style row homes containing a total of 39 units and 156 bedrooms (all four-bedroom / four-bathroom units, each of which are approximately 1,000 square feet). The monthly rent includes parking, utilities, internet, flat screen TV and in-unit washer and dryer as amenities. The Lincoln Park Townhomes are located about 0.2 miles from campus or, for the students, about a four-minute walk to class. With their prominent location and attractive masonry facades, the Lincoln Park Townhomes are a highly visible and well-known student apartment building at Illinois State University. The units are spacious multi-story townhomes that have enjoyed great popularity with the ISU students who live there. A new owner could renovate the units in order to potentially push rents and compete with the newer construction properties in the Normal market. The Lincoln Park Townhomes in Normal offers a new investor the opportunity to acquire a highly desirable student housing property that is well-located and in close proximity to the Illinois State University campus.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 39 | - | 1,500 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,988,538 | |
| Land Assessment | $156,422 | Total Assessment | $2,144,960 |
PROPERTY TAXES
zoning
| Zoning Code | R-3A |
| R-3A |
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