Under $200K Investment Properties for Sale in Champaign, IL
715- 2 Bed
- 2 Bath
- 1354 sft
491- 4 Bed
- 2 Bath
- 1212 sft
354- 2 Bed
- 2 Bath
- 1218 sft
440- 3 Bed
- 1 Bath
- 898 sft
Why Invest in Champaign, Illinois?
Champaign, IL offers strong investment potential in properties under $200k amid a tight housing market needing 7,000 new units by 2035. Rent has risen 50% since 2010, outpacing similar college towns, supporting solid rental yields. High renter demand from students and families, combined with 5%+ annual appreciation, makes these affordable homes resilient. Low entry prices enable higher cash flow relative to cost in this university-driven market. Cap rates remain attractive due to persistent shortages and steady employment growth.
Frequently Asked Questions
Yes, Champaign offers homes under $200k, especially in established neighborhoods, amid median prices around $225k. These provide entry points for rentals given the housing shortage. Demand from renters keeps occupancy high.
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