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

Property at 112 W Carol Ave, Cortland, IL
Listed for sale today
$ 359,500
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign481
  • 3 Bed
  • 3 Bath
  • 2480 sft
112 W Carol Ave, Cortland, IL, 60112
Property at 162 S Llanos St, Cortland, IL
Listed for sale 5 days ago
$ 349,990
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign812
  • 3 Bed
  • 2 Bath
  • 1595 sft
162 S Llanos St, Cortland, IL, 60112
Property at 166 S Llanos St, Cortland, IL
Listed for sale 5 days ago
$ 349,990
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign812
  • 3 Bed
  • 2 Bath
  • 1595 sft
166 S Llanos St, Cortland, IL, 60112
Property at 34 W Meadow Dr, Cortland, IL
Listed for sale 6 days ago
$ 414,900
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign823
  • 4 Bed
  • 3 Bath
  • 2330 sft
34 W Meadow Dr, Cortland, IL, 60112

Why Invest in Cortland, Illinois?

Investing in properties under $500k in Cortland, IL offers a prime opportunity for real estate growth. With competitive prices and promising metrics like an average ROI that appeals to new investors, the area is ripe for growth. Cortland's housing market has shown stable appreciation and strong rental demand, making it an attractive spot for long-term investment strategies.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Cortland, IL is approximately $1,200 per month, which is competitive considering the local market dynamics.

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