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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 6 days ago
$ 320,000
ROI
32.6
Cash Flow/m
1140- 5 Bed
- 2 Bath
- - sft
2525 York St, Blue Island, IL, 60406
Listed for sale 7 days ago
$ 139,950
ROI
21.9Cash Flow/m
81- 4 Bed
- 2 Bath
- 1638 sft
2024 Union St, Blue Island, IL, 60406
$ 215,000
ROI
20.8Cash Flow/m
63- 2 Bed
- 2 Bath
- 1200 sft
2749 Broadway St, Blue Island, IL, 60406
Currently Rented
Rental Income
$ 480,000
ROI
20.0Cash Flow/m
31- 8 Bed
- 3 Bath
- - sft
2523 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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