Under $500K Investment Properties for Sale in Bolingbrook, IL
849- 3 Bed
- 1 Bath
- 1423 sft
855- 3 Bed
- 3 Bath
- 1956 sft
15- 3 Bed
- 2 Bath
- 1500 sft
80- 5 Bed
- 2 Bath
- 1634 sft
Why Invest in Bolingbrook, Illinois?
Bolingbrook offers strong investment potential for properties under $500k, with median home values around $354k and year-over-year appreciation of 3.3-6.2% depending on market data source. The Chicago metro area is forecast to see 5.1% sales growth in 2026 with median prices rising nearly 5%, positioning sub-$500k properties as accessible entry points in a strengthening market. Average rental rates of $2,566 provide solid cash flow opportunities, while the somewhat competitive market with 56-day average sale cycles indicates healthy demand. Properties in this price range benefit from the broader Chicago metro momentum while remaining affordable relative to surrounding neighborhoods.
Frequently Asked Questions
With average rents around $2,566 and property values near $354k, investors can expect monthly cash flow of approximately $1,800-$2,000 after accounting for expenses, taxes, and mortgage payments. This translates to a rental yield of 8-9% gross, making sub-$500k properties attractive for cash flow-focused investors.
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