For sale Home

Listed Oct 7, 2026

$225,000 Est. $1,488/mo

212 West Locust Street

  • 3

    Beds

  • 2

    Baths

  • 1,232

    Sq ft

The story

LOCATION, LOCATION, LOCATION! Commercially zoned property situated directly across the street from the Illinois State University campus, offering a rare opportunity for investors, developers, or business owners. Previously utilized as a detached single-family student rental, the property provides several potential paths for future use. Continue operating it as student housing, repurpose the existing structure for another permitted commercial use, or take advantage of the prime location and redevelop the site. With its highly visible location immediately adjacent to ISU and an affordable acquisition price, this property offers exciting potential for both immediate use and future redevelopment with very little risk as the ground it sits on is just as valuable. Perfect for someone with a student at the university wanting something in walking distance to classes with easy resale after graduation.

Facts & features

Home type

Home

Year built

1956

Price per sq ft

$183

Included features

  • Cooling

    Central Air

  • Heating

    Natural Gas

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,488 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,198
  • Property tax $225
  • Insurance $66

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Freedom Realty

Broker Name

Freedom Realty

Agent

Jared Litwiller