Under $300K Investment Properties for Sale in Champaign, IL
715- 2 Bed
- 2 Bath
- 1354 sft
491- 4 Bed
- 2 Bath
- 1212 sft
99- 3 Bed
- 1 Bath
- 1063 sft
354- 2 Bed
- 2 Bath
- 1218 sft
Why Invest in Champaign, Illinois?
Champaign offers compelling opportunities for sub-$300k investments in a market experiencing sustained appreciation and rental growth. The city's housing shortage—with demand for over 7,000 new units by 2035—creates strong fundamentals for both rental and resale appreciation. Rents have surged 50% since 2010, significantly outpacing similar college towns, while the median home value has grown 5.3% year-over-year. With more than 4,000 families on housing voucher waitlists and a critical need for non-student housing, sub-$300k properties align perfectly with affordable housing demand and investor cash flow potential.
Frequently Asked Questions
Rents have increased 50% since 2010 due to a severe housing shortage relative to demand from both students and non-student renters. The city needs 7,000+ new units by 2035, creating persistent supply constraints that drive rental appreciation faster than comparable college towns.
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