Under $500K Investment Properties for Sale in Algonquin, IL

Property at Charlotte Plan, Algonquin Meadows : Traditional Townhomes, Algonquin, IL
Listed for sale today
$ 415,990
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign115
  • 3 Bed
  • 3 Bath
  • 1840 sft
Charlotte Plan, Algonquin Meadows : Traditional Townhomes, Algonquin, IL, 60102
Property at 1320 Spring Hill Dr, Algonquin, IL
Fix & Flip
Listed for sale 2 days ago
$ 494,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign312
  • 4 Bed
  • 3 Bath
  • 2294 sft
1320 Spring Hill Dr, Algonquin, IL, 60102
Property at 6 Eineke Ct, Algonquin, IL
Listed for sale 6 days ago
$ 474,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign518
  • 2 Bed
  • 2 Bath
  • 1744 sft
6 Eineke Ct, Algonquin, IL, 60102
Property at 1121 Millcreek Ln, Algonquin, IL
Listed for sale 6 days ago
$ 429,900
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign964
  • 4 Bed
  • 3 Bath
  • 2814 sft
1121 Millcreek Ln, Algonquin, IL, 60102

Why Invest in Algonquin, Illinois?

Invest in Algonquin, IL, where you can find properties priced under $500k. The area offers a strong rental market with an impressive average rental yield and steady appreciation. With affordable property prices, investors can tap into a community with growing job opportunities and attractive living conditions.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Algonquin is approximately 6%. This provides a solid return on investment for landlords looking for rental properties in the area.

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