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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Blue Island, IL
$ 179,873
ROI
23.5
Cash Flow/m
188- 3 Bed
- 2 Bath
- 1110 sft
13059 Honore St, Blue Island, IL, 60406
Currently Rented
$ 105,000
ROI
31.3Cash Flow/m
336- 3 Bed
- 2 Bath
- - sft
12715 S Greenwood St, Blue Island, IL, 60406
$ 199,900
ROI
22.5Cash Flow/m
152- 4 Bed
- 2 Bath
- 1394 sft
(Undisclosed Address), Blue Island, IL, 60406
$ 160,000
ROI
29.7Cash Flow/m
444- 3 Bed
- 1 Bath
- 1271 sft
12815 Lincoln St, Blue Island, IL, 60406
Why Invest in Blue Island, Illinois?
Investing in Blue Island, IL offers unique opportunities for properties under $200k. With favorable market conditions and affordable pricing, this area provides potential for strong rental yields and solid appreciation. Blue Island's proximity to Chicago enhances its desirability for renters seeking affordable housing options.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Blue Island is around $1,200 per month. This makes it an affordable option compared to neighboring areas.
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