Under $300K Investment Properties for Sale in Bloomington, IL
512- 2 Bed
- 2 Bath
- 1064 sft
4- 4 Bed
- 3 Bath
- 2288 sft
477- 3 Bed
- 3 Bath
- 2429 sft
118- 4 Bed
- 2 Bath
- 1371 sft
Why Invest in Bloomington, Illinois?
Bloomington, Illinois offers compelling opportunities for real estate investors seeking properties under $300k in a stable Midwestern market. The city's diverse housing stock and strong employment base provide consistent rental demand and appreciation potential. With over 75,000 residents and 59,500 jobs, Bloomington delivers reliable tenant pools and economic resilience. Properties in this price range typically offer attractive cap rates and cash flow potential, making it an accessible entry point for both novice and experienced investors.
Frequently Asked Questions
Properties under $300k in Bloomington typically generate rental yields of 5-6% annually, with average monthly rents around $1,150. This yield is supported by strong tenant demand from the university population and local workforce, making it attractive for buy-and-hold investors.
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