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305 Margaret Ave

Normal, IL 61761

3 bd 2 ba 2,128 sqft Built 1959 Lot 9,520 sqft single_family
Most recent sale
$175,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $175,000 MLS #11614599
Aug 26, 2022 Listed $160,000 MLS #11614599
Mar 1, 1999 Sold $102,900 MLS #983938
Dec 21, 1998 Listed $103,500 MLS #983938

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $43,262 $13,724 $56,986 $3,752
2022 $32,065 $10,173 $42,238 $2,806
2021 $30,253 $9,598 $39,851 $2,653
2020 $29,939 $9,498 $39,437 $2,628
2019 $29,778 $9,447 $39,225 $2,534
2018 $29,463 $9,347 $38,810 $2,944
2017 $29,463 $9,347 $38,810 $2,839
2016 $29,463 $9,347 $38,810 $2,808
2015 $28,772 $9,128 $37,900 $2,720
2014 $28,772 $9,128 $37,900 $2,686
2013 $28,772 $9,128 $37,900 $2,670
2012 $28,995 $9,199 $38,194 $2,585
2010 $29,533 $9,370 $38,903 $2,579
2009 $29,533 $9,370 $38,903 $2,531
2008 $28,532 $9,052 $37,584 $2,418

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,128 sqft
Lot size
9,520 sqft
ZIP code
61761
City
Normal
Street
Margaret Ave
Coordinates
40.50716, -89.00544

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Margaret Ave last sell?
305 Margaret Ave most recently sold on Oct 4, 2022 for $175,000.
What is the current tax assessment for 305 Margaret Ave?
The most recent total assessment for 305 Margaret Ave (year 2024) is $56,986 with $3,752 in property tax.
How does 305 Margaret Ave's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $175,000.
When was 305 Margaret Ave built?
305 Margaret Ave was built in 1959.
How does 305 Margaret Ave compare to others on Margaret Ave?
We track 8 other properties on Margaret Ave. Browse the list under "Other properties on Margaret Ave" to compare beds, baths, and sale history.
What are the property facts for 305 Margaret Ave?
305 Margaret Ave is a 3 bed, 2 bath, 2,128 sqft, 9,520 sqft lot single_family.
Is 305 Margaret Ave a flip candidate?
No — 305 Margaret Ave does not appear in our flips dataset.
Is 305 Margaret Ave a tax-appeal candidate?
No — 305 Margaret 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$280.9K
2026 Q4
$284.5K
ZIP 61761 — Median Price History + Forecast

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