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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Elgin, IL
Listed for sale 1 day ago
$ 164,900
ROI
21.8
Cash Flow/m
95- 3 Bed
- 2 Bath
- 1251 sft
1154 Candlewood Rd #578, Elgin, IL, 60123
Listed for sale 1 day ago
$ 270,000
ROI
25.1Cash Flow/m
398- 2 Bed
- 2 Bath
- 1350 sft
738 Shady Oaks Ct, Elgin, IL, 60120
Listed for sale 1 day ago
$ 405,000
ROI
24.8Cash Flow/m
570- 3 Bed
- 3 Bath
- 2172 sft
1244 Falcon Ridge Dr, Elgin, IL, 60124
Listed for sale 1 day ago
$ 285,000
ROI
23.6Cash Flow/m
303- 4 Bed
- 2 Bath
- 1602 sft
808 N Spring St Unit 808, Elgin, IL, 60120
Why Invest in Elgin, Illinois?
Elgin, IL offers a diverse real estate market with strong rental demand, particularly in multi-family properties. Investors may benefit from an average rental yield of 6.5% coupled with an appreciation rate of 4.2%. With a cap rate averaging 7.1%, this area is poised for steady cash flow opportunities as the local economy continues to grow.
10%
Avg. ROI
6.5%
Rental Yield
7.1%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rent in Elgin, IL is approximately $1,500 per month, which reflects the area's growing rental market.
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