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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
Listed for sale 4 days ago
$ 149,900
ROI
23.7
Cash Flow/m
163- 3 Bed
- 1 Bath
- 1101 sft
2045 119th Pl, Blue Island, IL, 60406
Fix & Flip
Listed for sale 5 days ago
$ 125,000
ROI
31.0Cash Flow/m
392- 4 Bed
- 2 Bath
- - sft
2340 Walnut St, Blue Island, IL, 60406
$ 395,000
ROI
25.4Cash Flow/m
620- 4 Bed
- 4 Bath
- 2200 sft
2621 Orchard St, Blue Island, IL, 60406
Fix & Flip
$ 199,000
ROI
22.2Cash Flow/m
137- 3 Bed
- 2 Bath
- 1122 sft
2705 Grunewald 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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