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706 Franklin Ave

Normal, IL 61761

2 bd 1 ba 1,858 sqft Built 1918 Lot 6,144 sqft single_family
Most recent sale
$125,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $125,000 MLS #11442864
Jun 22, 2022 Listed $125,000 MLS #11442864
Feb 20, 2021 Listed for rent $995 AppfolioUnits
May 3, 2018 Listing removed $123,000 BloomingtonNormal
Apr 6, 2018 Sold $82,400 MLS #2181259
Apr 5, 2018 Listed $82,400 MLS #2181259
Mar 31, 2018 Listing removed $950 ShowMojo
Mar 28, 2018 Listed for rent $950 ShowMojo
May 3, 2010 Price changed $123,000 MLS #2101387
Apr 16, 2010 Listed $127,000 MLS #2101387
Aug 21, 2006 Sold $94,000 Public Record
Jan 1, 1994 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $28,291 $8,521 $36,812 $3,150
2022 $25,559 $7,698 $33,257 $2,987
2021 $22,877 $7,263 $30,140 $2,771
2020 $22,639 $7,188 $29,827 $2,756
2019 $22,517 $7,149 $29,666 $2,663
2018 $32,186 $7,073 $39,259 $3,523
2017 $32,186 $7,073 $39,259 $3,397
2016 $32,186 $7,073 $39,259 $2,847
2015 $31,432 $6,907 $38,339 $2,757
2014 $31,432 $6,907 $38,339 $2,723
2013 $31,432 $6,907 $38,339 $2,707
2012 $31,676 $6,961 $38,637 $2,621
2010 $30,635 $6,732 $37,367 $2,459
2009 $30,635 $6,732 $37,367 $2,413
2008 $29,596 $6,504 $36,100 $2,306

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,858 sqft
Lot size
6,144 sqft
ZIP code
61761
City
Normal
Street
Franklin Ave
Coordinates
40.50433, -88.99082

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 706 Franklin Ave last sell?
706 Franklin Ave most recently sold on Jul 6, 2022 for $125,000.
What is the current tax assessment for 706 Franklin Ave?
The most recent total assessment for 706 Franklin Ave (year 2023) is $36,812 with $3,150 in property tax.
How does 706 Franklin Ave's assessment compare to its last sale price?
The current assessment is 70.6% below the last sale price of $125,000.
When was 706 Franklin Ave built?
706 Franklin Ave was built in 1918.
How does 706 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 706 Franklin Ave?
706 Franklin Ave is a 2 bed, 1 bath, 1,858 sqft, 6,144 sqft lot single_family.
Is 706 Franklin Ave a flip candidate?
No — 706 Franklin Ave does not appear in our flips dataset.
Is 706 Franklin Ave a tax-appeal candidate?
No — 706 Franklin Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.7%
2026 Q3
$249.1K
2026 Q4
$241.9K
ZIP 61761 — Median Price History + Forecast

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