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    Normal, IL Apartment Buildings for Sale

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    8-Unit Apartment Buildings
    Updated: Aug 13
    8-Unit Apartment Buildings

    202-204 Lindell Drive, Normal, IL 61761

    $649,900
    0.44 AC lot
    Eight total units across two four‑unit apartment buildings
    Unit mix includes six 2‑bedroom, 1‑bath apartments and two 1‑bedroom, 1‑bath apartments
    0.44‑acre site zoned R3W with public sewer
    New windows, window A/C units, and front doors installed in 2022
    Approximately 1/3 of appliances replaced since 2022; three units received new kitchen cabinets
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    Student Housing Apartment Community
    Updated: Aug 12
    Student Housing Apartment Community

    120 McKnight Street, Normal, IL 61761

    Contact for pricing
    121,974 sqft
    13 apartment and townhome buildings with 85 units and capacity for 280 beds
    Fully leased for the 2026–27 academic year
    Resort‑style pool, landscaped courtyard, lounge pavilions, fire pit, and walking trails
    Approximately one mile west of Heartland Community College
    Near Illinois State University and Connect Transit service
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    Apartment Development Property
    Apartment Development Property

    300 E Shelbourne Dr, Normal, IL 61761

    Contact for pricing

    Multi-family property with 100-unit Shelbourne Apartments and a community building on an 11-acre site.

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    See what stands out in McLean County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Student Housing Apartment Community
    Student Housing Apartment Community

    800 W Hovey Ave, Normal, IL 61761

    Contact for pricing

    Adjacent to Illinois State University, the property includes dedicated study, fitness, and resident lounge amenities.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Apartment Building Portfolio
    16-Unit Apartment Building Portfolio

    201-207 South Maple Street, Toluca, IL 61369

    $900,000
    45,240 sqft

    Four separately parceled buildings offer renovated apartments, on-site storage, laundry facilities, parking, and large yard areas.

    View details
    16-Unit Apartment Building Portfolio
    16-Unit Apartment Building Portfolio

    201 S Maple St, Toluca, IL 61369

    Contact for pricing
    13,600 sqft

    Four separate buildings offer a varied apartment mix, on-site storage and laundry, parking, and large yards.

    View details
    Historic Mixed-Use Property
    Historic Mixed-Use Property

    701 Main Street, Peoria, IL 61602

    $3,100,000

    Renovated landmark combines apartments with ground-floor retail space.

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    Luxury Lofts in Waterfront Place
    Luxury Lofts in Waterfront Place

    311 Southwest Water Street, Peoria, IL 61602

    Contact for pricing
    20,038 sqft

    Premier residential portfolio in Peoria's vibrant Warehouse District.

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    Normal, IL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Normal, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 121,974 square feet of properties for sale, with an estimated market value of $649,900.

    Sale prices for two-family homes in Normal, IL average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 53K
    Population Growth (5Y) -3.3%
    Median Household Income $66,642
    College Educated 35.5%

    High-Yield Neighborhoods for Investment

    Identify Normal submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61761 $649.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.55%
    Property Tax per SF $81.93 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Normal fall within the 25,000 to 50,000 square foot range.

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