Under $500K Investment Properties for Sale in Carpentersville, IL

Property at 483 Elm Ridge Rd, Carpentersville, IL
Listed for sale 1 day ago
$ 465,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign730
  • 4 Bed
  • 3 Bath
  • 3898 sft
483 Elm Ridge Rd, Carpentersville, IL, 60110
Property at 843 Navajo Dr, Carpentersville, IL
$ 300,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign463
  • 3 Bed
  • 1 Bath
  • 1180 sft
843 Navajo Dr, Carpentersville, IL, 60110
Property at 121 Fairway Rd, Carpentersville, IL
$ 319,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign39
  • 4 Bed
  • 2 Bath
  • 1689 sft
121 Fairway Rd, Carpentersville, IL, 60110
Property at 3 Walnut St, Carpentersville, IL
$ 279,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign382
  • 3 Bed
  • 1 Bath
  • 960 sft
3 Walnut St, Carpentersville, IL, 60110

Why Invest in Carpentersville, Illinois?

Investing in properties under $500k in Carpentersville, IL offers a promising strategy for real estate investors. The area boasts a strong rental market, with an average rental yield around 6%. Additionally, with a renter-occupied housing rate of 60%, there is significant demand for rental properties.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price in Carpentersville is around $1,300 per month, making it affordable for many families and renters.

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