Normal, IL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Normal short-term rental market based on reliable data.

Listings

151 / 358

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$26,913

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$253,251

Median Home Sale Price

Top Earners

$57,968

Top-Earners Revenue

Normal

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Normal.

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C

Challenging to Investors

Normal Regulations

STRs are prohibited in most single‑family neighborhoods, forcing investors to target limited multi‑family and commercial zones; this strict zone cap is the primary obstacle, even though permitting for those areas is relatively inexpensive and straightforward.

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About Normal

Normal is a town in McLean County, Illinois, United States. As of the 2020 census, the town's population was 52,736. Normal is the smaller of two principal cities of the Bloomington–Normal metropolitan area, and is Illinois' seventh most populous community outside the Chicago metropolitan area. The main campus of Illinois' oldest public university, Illinois State University, a fully accredited four-year institution, is in Normal, as is Heartland Community College, a fully accredited two-year institution. Chris Koos has been Normal's mayor since 2003.

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