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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
    8 properties
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    Multifamily Property with Off-Street Parking
    Updated: Oct 1
    Multifamily Property with Off-Street Parking

    1501 Hovey Avenue, Normal, IL 61761

    $219,000
    0.35 AC lot
    0.35‑acre lot
    Built in 1972
    Updated vinyl windows and tiled bathrooms
    Newer roof
    Off‑street parking and an outdoor grilling area
    View details
    Brick Multifamily Property
    Updated: Oct 1
    Brick Multifamily Property

    1503 Hovey Avenue, Normal, IL 61761

    $219,000
    0.30 AC lot
    0.3‑acre lot
    Brick construction; built in 1972
    Updated vinyl windows and tiled bathrooms
    Off‑street parking and patio
    Tenants pay utilities
    View details
    Duplex with Sunroom
    Duplex with Sunroom

    1011 Franklin Avenue, Normal, IL 61761

    $199,000
    2 units  1 building  Built 1959

    Two residences provide a two-bedroom and one-bedroom mix, with appliances included in each unit.

    1 x 1BR  1 x 2BR
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    Partially finished basement  Detached garage  Off-street parking  Backyard
    View details
    9-Unit Apartment Building with Garages
    9-Unit Apartment Building with Garages

    99 E Lincoln Street, Normal, IL 61761

    $1,200,000
    9 units  1 building  Built 1991
    100% occupied

    The fully occupied property offers garage parking alongside its apartment units.

    Garages
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    Duplex with Updated Interiors
    Duplex with Updated Interiors

    1501 Hovey Avenue, Normal, IL 61761

    $219,000
    2 units  Built 1972

    Each residence has two bedrooms, one bathroom, tiled baths, and vinyl windows.

    View details
    Student Housing Apartment Community
    Student Housing Apartment Community

    120 McKnight Street, Normal, IL 61761

    Contact for pricing
    85 units  13 buildings  Built 2019
    Highway access  Transit access

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

    Resort-style pool  Landscaped courtyard  Outdoor lounge pavilions  Fire pit  Walking trails
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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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    8 active listings match your search: Residential Income for sale in Normal, IL. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Triplex with Fenced Yard
    Triplex with Fenced Yard

    610 N Mclean Street, Bloomington, IL 61701

    $199,900
    Built 1910  0.12 acres  Multi-tenant

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

    1 space  Central air conditioning  Washer and dryer in basement  Fully fenced backyard
    View details
    3-Unit Triplex with Garage
    3-Unit Triplex with Garage

    608 E Locust St, Bloomington, IL 61701

    $230,000
    3 units  1 building

    The unit mix includes two two-bedroom apartments and one one-bedroom apartment, with updates in both larger units.

    2 x 2BR/1BA  1 x 1BR/1BA  In-unit laundry  Shared laundry  Deck  Patio  Basement storage  Garage
    View details
    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    609 E Locust St, Bloomington, IL 61701

    $200,000
    2 units  2-story  Built 1920

    Separate second-floor access and in-unit laundry serve both apartments; tenants cover their own utilities.

    3 spaces  1 x 2BR/1BA  1 x 1BR/1BA  In-unit laundry  Yard space
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    Two-Unit Duplex
    Two-Unit Duplex

    1007 N Mason St, Bloomington, IL 61701

    $190,000
    2 units  1 building  Built 1910  Multi-tenant
    100% occupied

    Both residences are leased, with distinct layouts on the lower and upper floors.

    2BR/1BA  3BR/2BA
    View details

    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 acres

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

    View details
    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.

    View details
    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.

    View details
    Residential Land Near Rivian Motors
    Residential Land Near Rivian Motors

    4 Cobblestone Avenue, Carlock, IL 61725

    $48,000
    0.54 acres

    Land near Bloomington with large yards in peaceful subdivision.

    View details

    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.

    Normal, IL Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Normal, IL, showcased through 8 active listings on our real estate platform.

    Sale prices for residential investment properties in Normal, IL start at $199,000, averaging $399,316, and reaching up to $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Apartment buildings 3
    Duplexes 3

    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 $351.7K

    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.

    How Realmo verifies these figures

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