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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Champaign, IL
Fix & Flip
Listed for sale 4 days ago
$ 199,900
ROI
23.0
Cash Flow/m
177- 3 Bed
- 2 Bath
- 2000 sft
1708 Park Haven Dr, Champaign, IL, 61820
Fix & Flip
$ 180,000
ROI
34.0Cash Flow/m
715- 2 Bed
- 2 Bath
- 1354 sft
1004 Waters Edge Rd, Champaign, IL, 61822
Fix & Flip
$ 220,000
ROI
24.2Cash Flow/m
274- 3 Bed
- 2 Bath
- 1574 sft
(Undisclosed Address), Champaign, IL, 61821
Currently Rented
Fix & Flip
$ 219,900
ROI
28.8Cash Flow/m
551- 4 Bed
- 2 Bath
- - sft
103 S 3rd St, Champaign, IL, 61820
Why Invest in Champaign, Illinois?
Champaign, IL offers strong potential for **fix-and-flip** investors due to its tight housing market and rapid rent growth. Rents have surged 50% since 2010, outpacing similar college towns, signaling high demand[1][2]. Home values rose 5.2-5.3% over the past year amid low inventory[3][4]. A projected need for 7,000+ new units by 2035 creates flip opportunities in undervalued properties[1][2]. University-driven renter demand supports quick turnarounds and solid appreciation.
12.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
5.3%
1Y Appreciation
Frequently Asked Questions
Yes, tight inventory and 5.3% home appreciation make it promising[4]. Housing shortages project need for 7,000 units by 2035[1][2]. Focus on properties near the university for quick flips.
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