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    Normal, IL
    Residential Income

    Normal, IL Residential Income Properties for Sale

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    Bloomington, IL Hudson, IL Carlock, IL Danvers, IL Heyworth, IL Downs, IL Lexington, IL Ellsworth, IL
    6 properties
    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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    Brick Duplex With Shared Garage
    Updated: Jul 7
    Brick Duplex With Shared Garage

    507 E Cypress Street, Normal, IL 61761

    $259,900
    Two‑unit duplex with two bedrooms and one bathroom in each residence
    Full unfinished basement included with both units
    All‑brick ranch construction, built in 1967
    Detached two‑car garage shared by tenants
    Month‑to‑month occupancy with tenants paying utilities
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    Duplex with Detached Garage
    Duplex with Detached Garage

    201 S Towanda Ave, Normal, IL 61761

    $339,900

    Two-unit property with basements, private access, off-street parking, and outdoor space near shopping and restaurants.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Student Housing Apartment Community
    Student Housing Apartment Community

    120 McKnight Street, Normal, IL 61761

    Contact for pricing

    Student residences include apartment and townhome layouts with extensive outdoor amenities and a landscaped central courtyard.

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    Renovated Multifamily Property
    Renovated Multifamily Property

    1007 Charlotte Drive, Normal, IL 61761

    Contact for pricing

    Renovated units provide a refreshed residential income property with access to Illinois State University, Heartland Community College, and Rivian Automotive.

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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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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Normal, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Two-Story Duplex with Updated Exterior
    Two-Story Duplex with Updated Exterior

    102 S MAIN Street, Deer Creek, IL 61733

    $124,900
    0.15 AC lot

    Income-producing residential property with refreshed siding, windows, and roofing, plus public water and natural-gas forced-air heat.

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    Updated Two-Story Duplex
    Updated Two-Story Duplex

    102 S Main St, Deer Creek, IL 61733

    $124,900
    1,600 sqft

    New siding, windows, and roof enhance this duplex’s updated exterior.

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    Triplex with Fenced Yard
    Triplex with Fenced Yard

    610 N Mclean Street, Bloomington, IL 61701

    $199,900
    0.12 AC lot

    Three residential units include a two-bedroom upper apartment, a one-bedroom main-floor unit, and a studio.

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    Two-Unit Duplex with Central Air
    Two-Unit Duplex with Central Air

    605 E Empire Street, Bloomington, IL 61701

    $139,900

    Fully leased duplex with varied bedroom layouts, public utilities, and driveway parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    M-1 Zoned Land Parcels
    M-1 Zoned Land Parcels

    Lot 8 Emeline, Normal, IL 61761

    $385,000
    9.00 AC lot

    9+ acres of M-1 zoned land for sale.

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    Residential Lot in Fox Hollow
    Residential Lot in Fox Hollow

    2705 and 2707 Fox Trot Trail, Bloomington, IL 61705

    $72,500

    Residential lot in established neighborhood with pool, clubhouse, and lake.

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    Residential Lot in Fox Hollow
    Residential Lot in Fox Hollow

    2709 and 2711 Fox Trot Trail, Bloomington, IL 61705

    $72,500

    Residential lot in established neighborhood with community amenities and lake.

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    Buildable Lot in Crestwicke
    Buildable Lot in Crestwicke

    Palmer Way lot: 13 - 15850, Bloomington, IL 61705

    $87,000
    0.40 AC lot

    Generous .4 acre lot in desirable Crestwicke neighborhood.

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    Off-Market Properties in Normal, IL

    Consider similar Off-Market properties in Normal, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Wylie Dr
    Land

    0 Wylie Dr, Normal, IL 61761

    Estimated value:
    No data
    View details

    Normal, IL Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Normal, IL, showcased through 6 active listings on our real estate platform.

    Sale prices for residential income properties in Normal, IL start at $259,900, averaging $416,566, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Apartment buildings 3
    Duplexes 2
    Quadplexes 1

    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 $380K

    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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