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505 1/2 Bowles St, Normal, IL, 61761

5beds
2baths
1,950sqft
$269,900
$138price/sqft
$2,137/moest. monthly cost
$85,480/yrincome needed

About This Home

The rare find of an updated home with all appliances with two kitchens and is an instant profit to your rental portfolio! This home was remodeled in 2019/2020 and still shows in excellent condition. Main floor has wood and ceramic floors with 3 bedrooms, bath, fireplace and 3 season room. Basement is finished with a second kitchen, full bath and two more bedrooms with 3 egress windows and a laundry. All bedrooms have their own locks. Rented at $725 a month per bedroom/$3625 monthly and is fully leased until 05/31/2027. Rare opportunity to grab a home of this quality!

Getting Around

61
WalkingSomewhat Walkable
47
TransitSome Transit
59
BikeBikeable

Schools

6/10
Glenn Elementary SchoolGrades K-51.1 mi
5/10
Kingsley Jr High SchoolGrades 6-80.6 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Additional Room

  • Level: Basement
  • Dimensions: 12ft 0in x 8ft 0in

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Egress Window(s),Finished

Bedroom1

  • Level: Main
  • Dimensions: 13ft 0in x 11ft 0in

Bedroom2

  • Level: Main
  • Dimensions: 13ft 0in x 9ft 0in

Bedroom3

  • Level: Main
  • Dimensions: 12ft 0in x 11ft 1in

Bedroom4

  • Level: Basement
  • Dimensions: 10ft 5in x 10ft 0in

Bedroom5

  • Level: Basement
  • Dimensions: 10ft 5in x 10ft 0in

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,950 sqft

Kitchen

  • Level: Main
  • Dimensions: 18ft 0in x 9ft 0in

Laundry

  • Level: Basement
  • Dimensions: 8ft 0in x 4ft 0in

Living Room

  • Level: Main
  • Dimensions: 17ft 6in x 13ft 0in

Main Level

  • Area: 1080

Other

  • Area: 870

Recreation Room

  • Level: Basement
  • Dimensions: 13ft 0in x 9ft 0in

Property

Details

  • Parcel number: 1428128009
  • Zoning description: R-3A Residential

Features

  • Patio & porch: Deck,Porch,Enclosed

Lot

  • Lot size: 8,375 sqft
  • Features: Level
  • Lot size dimensions: 69.85 x 119.9

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,364$16,368
Home Insurance *$150$1,800
Property Taxes $474$5,688
Electricity $149$1,799
Total$2,137$25,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,268/yr
40% on housing$64,110/yr
45% on housing$56,986/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 61761$128
McLean County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 61761$119
McLean County$115

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$264,900
2026-07-14Listed for sale$269,900
2019-05-23Sold$160,500
2019-03-11Pending sale$169,000
2019-02-28Listed for sale$169,000

For Sale by Agent

AgentTerry E Graff
BrokerageFreedom Realty

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