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

$ 110,000
ROI
22.5
Cash Flow/m
83- 2 Bed
- 2 Bath
- 1100 sft
507 E Cemetery Ave, Chenoa, IL, 61726

$ 134,900
ROI
22.8
Cash Flow/m
113- 3 Bed
- 1 Bath
- 1136 sft
301 N 2nd Ave, Chenoa, IL, 61726

Fix & Flip
$ 139,900
ROI
24.0
Cash Flow/m
164- 3 Bed
- 1 Bath
- 2096 sft
429 W Owsley St, Chenoa, IL, 61726

$ 350,000
ROI
21.3
Cash Flow/m
152- 4 Bed
- 2 Bath
- 3600 sft
10788 N 1000 East Rd, Chenoa, IL, 61726
Why Invest in Chenoa, Illinois?
Investing in Chenoa, IL, offers unique opportunities for those looking to purchase properties under $500k. With a solid rental yield and attractive cap rates, this market is poised for further appreciation as demand increases. The area's affordable home prices combined with strong community growth trends make it an ideal place for savvy investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Chenoa, IL, is currently around 6%, making it a lucrative option for investors.
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