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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Chenoa, IL

$ 109,900
ROI
21.8
Cash Flow/m
63- 3 Bed
- 1 Bath
- 975 sft
402 Mason St, Chenoa, IL, 61726

$ 176,000
ROI
22.7
Cash Flow/m
144- 3 Bed
- 2 Bath
- 1340 sft
219 Scott St, Chenoa, IL, 61726

$ 129,900
ROI
37.3
Cash Flow/m
634- 1 Bed
- 1 Bath
- 1191 sft
403 W Owsley St, Chenoa, IL, 61726

$ 139,900
ROI
28.0
Cash Flow/m
323- 4 Bed
- 2 Bath
- 1792 sft
620 Mason St, Chenoa, IL, 61726
Why Invest in Chenoa, Illinois?
Investing in Chenoa, IL can be a strong decision for those looking to capitalize on small-town growth opportunities. With a rental yield that aligns with the average rates in the state, investors can find favorable conditions for high cash flow properties. The local real estate market is seeing appreciation trends, and the low vacancy rates enhance the attractiveness of long-term investments.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Chenoa is around $1,200, with stable demand supporting these rates. Investors can expect a competitive rental market.
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