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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Normal, IL

$ 285,000
ROI
26.4
Cash Flow/m
528- 8 Bed
- 4 Bath
- - sft
1503 Ensign Dr, Normal, IL, 61761

$ 299,500
ROI
31.4
Cash Flow/m
973- 3 Bed
- 2 Bath
- 2654 sft
2915 E Raab Rd, Normal, IL, 61761

$ 285,000
ROI
32.0
Cash Flow/m
969- 3 Bed
- 3 Bath
- 1396 sft
2893 Benson Ln, Normal, IL, 61761

$ 229,900
ROI
30.3
Cash Flow/m
676- 3 Bed
- 3 Bath
- 2438 sft
513 Wild Turkey Ln, Normal, IL, 61761
Why Invest in Normal, Illinois?
Investing in multi-family properties in Illinois provides a strong return on investment due to the state's growing rental market. With average rental yields of around 7% and an appreciation rate of 4% annually, investors can expect healthy cash flow. The stable renter-occupied rate of 90% further indicates a demand for housing in the state.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Multi-family properties in Illinois offer higher rental yields and lower vacancy rates, contributing to consistent cash flow. The state also has a strong demand for rental housing, making it an attractive investment location.
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