Under $300K Investment Properties for Sale in Addison, IL

Property at 700 N Briar Hill Ln APT 5, Addison, IL
Listed for sale 6 days ago
$ 224,997
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign258
  • 2 Bed
  • 2 Bath
  • - sft
700 N Briar Hill Ln APT 5, Addison, IL, 60101
Property at 649 N Briar Hill Ln APT 1, Addison, IL
$ 179,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign112
  • 1 Bed
  • 2 Bath
  • - sft
649 N Briar Hill Ln APT 1, Addison, IL, 60101
Property at 235 Mill Rd APT 204B, Addison, IL
$ 169,990
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign369
  • 1 Bed
  • 1 Bath
  • 750 sft
235 Mill Rd APT 204B, Addison, IL, 60101
Property at 621 N Briar Hill Ln APT 4, Addison, IL
$ 229,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign284
  • 2 Bed
  • 2 Bath
  • 1020 sft
621 N Briar Hill Ln APT 4, Addison, IL, 60101

Why Invest in Addison, Illinois?

Investing in Addison, IL, presents a unique opportunity to acquire properties under $300k. With an average rental yield of around 7.2% and a stable appreciation rate, this suburb embodies a promising market for real estate investments. Coupled with a renter-occupied rate of 67%, the demand for rental properties is robust, making it an attractive choice for investors.

8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$300/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Addison, IL is approximately $1,400 per month, making it accessible for many renters.

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