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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Blue Island, IL
Rental Income
Listed for sale 1 day ago
$ 284,900
ROI
26.3
Cash Flow/m
515- 4 Bed
- 2 Bath
- - sft
2718 Union St, Blue Island, IL, 60406
Listed for sale 3 days ago
$ 230,000
ROI
20.5Cash Flow/m
46- 3 Bed
- 2 Bath
- 1230 sft
2900 140th St, Blue Island, IL, 60406
$ 285,000
ROI
20.2Cash Flow/m
32- 5 Bed
- 2 Bath
- 1638 sft
2259 Orchard St, Blue Island, IL, 60406
$ 179,900
ROI
23.4Cash Flow/m
182- 3 Bed
- 1 Bath
- 1450 sft
12603 Elm St, Blue Island, IL, 60406
Why Invest in Blue Island, Illinois?
Investing in Blue Island, IL presents unique opportunities, especially for properties under $500k. With a strong rental market supported by a dynamic community and historical richness, investors can expect solid returns. The area showcases an average rental yield of 7% and a cap rate of 9%, indicating robust potential for cash flow.
10%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for apartments in Blue Island is around $1,200, making it an affordable option for many renters.
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