Apartment Building

Normal, IL Apartment Buildings for Sale

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Bloomington, IL Hudson, IL Carlock, IL Danvers, IL Heyworth, IL Downs, IL Lexington, IL Ellsworth, IL
9-Unit Apartment Building with Garages
Updated: Oct 12
9-Unit Apartment Building with Garages

99 E Lincoln Street, Normal, IL 61761

$1,200,000
9 apartment units
Garages included
Fully rented
Adjacent to Constitution Trail
Built in 1991
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Student Housing Apartment Community
Updated: Aug 17
Student Housing Apartment Community

120 McKnight Street, Normal, IL 61761

Contact for pricing
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

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

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

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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.

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New Multifamily Community in Bloomington
New Multifamily Community in Bloomington

501 Lutz Rd, Bloomington, IL 61704

Contact for pricing
63,266 sqft

New 56-unit multifamily community in Bloomington, construction in 2026.

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Downtown Condo in Eisenberger Building
Downtown Condo in Eisenberger Building

212 N Center Street #402, Bloomington, IL 61701

$145,000
938 sqft

Charming 2 bed, 2 bath condo with secure parking.

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Normal, IL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Normal, IL, showcased through 3 active listings on our real estate platform.

Sale prices for apartment complexes in Normal, IL average $1,200,000 — 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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