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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Normal, IL
Listed for sale 4 days ago
$ 190,000
ROI
22.1
Cash Flow/m
126- 3 Bed
- 2 Bath
- 1688 sft
307 E Willow St, Normal, IL, 61761
Fix & Flip
Listed for sale 6 days ago
$ 185,000
ROI
23.2Cash Flow/m
177- 3 Bed
- 2 Bath
- 2080 sft
416 Orlando Ave, Normal, IL, 61761
Listed for sale 6 days ago
$ 140,000
ROI
20.5Cash Flow/m
27- 2 Bed
- 1 Bath
- 1052 sft
903 N Linden St APT 207, Normal, IL, 61761
Listed for sale 7 days ago
$ 139,900
ROI
22.9Cash Flow/m
121- 2 Bed
- 2 Bath
- 980 sft
903 N Linden St Unit 28, 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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