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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Crest Hill, IL
Listed for sale today
$ 165,900
ROI
23.4
Cash Flow/m
169- 2 Bed
- 1 Bath
- 968 sft
1902 Arbor Ln, Crest Hill, IL, 60403
Fix & Flip
Listed for sale 1 day ago
$ 175,700
ROI
22.5Cash Flow/m
135- 3 Bed
- 2 Bath
- 1000 sft
1716 N Hickory St, Crest Hill, IL, 60403
Fix & Flip
$ 199,000
ROI
23.6Cash Flow/m
214- 2 Bed
- 1 Bath
- 1152 sft
1921 Kelly Ave, Crest Hill, IL, 60403
Fix & Flip
$ 164,900
ROI
23.7Cash Flow/m
181- 3 Bed
- 1 Bath
- 1064 sft
1617 N Hickory St, Crest Hill, IL, 60403
Why Invest in Crest Hill, Illinois?
Investing in Crest Hill, IL, particularly under $200k, presents a unique opportunity with high rental yields and steady appreciation. The area's affordable housing market is complemented by a growing job sector, making it attractive for first-time investors and seasoned professionals alike. With a cap rate that comfortably exceeds the national average, Crest Hill is an emerging market worth considering for strategic real estate investments.
8%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Current rental rates in Crest Hill average around $1,200 per month, making it an affordable option for renters. These rates have been trending upward, reflecting the demand in the area.
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