Under $200K Investment Properties for Sale in Normal, IL
Fix & Flip
Listed for sale 2 days ago
$ 150,000
ROI
23.2
Cash Flow/m
144- 3 Bed
- 1 Bath
- 1280 sft
405 Warren Ave, Normal, IL, 61761
Fix & Flip
Listed for sale 5 days ago
$ 199,000
ROI
35.9Cash Flow/m
894- 3 Bed
- 2 Bath
- - sft
1011 Franklin Ave, Normal, IL, 61761
$ 150,000
ROI
22.2Cash Flow/m
101- 4 Bed
- 2 Bath
- 1000 sft
1405 Essex Ct, Normal, IL, 61761
$ 150,000
ROI
22.5Cash Flow/m
116- 3 Bed
- 2 Bath
- 1485 sft
1560 Hunt Dr APT D, Normal, IL, 61761
Why Invest in Normal, Illinois?
Investing in properties under $200k in Illinois offers an attractive entry point for investors seeking high potential returns. The state's diverse economy and affordable housing market create opportunities for growth, particularly in emerging neighborhoods. With rental yields averaging around 8% and projected appreciation rates close to 4%, Illinois remains a sound choice for investors looking to maximize cash flow.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find single-family homes, townhouses, and some multifamily properties under $200k. These options can provide good rental income and appreciation potential.
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