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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Elgin, IL
Rental Income
Listed for sale 1 day ago
$ 315,000
ROI
20.0
Cash Flow/m
23- 4 Bed
- 2 Bath
- 1300 sft
161 S Aldine Ave, Elgin, IL, 60123
Listed for sale 1 day ago
$ 369,000
ROI
23.5Cash Flow/m
379- 3 Bed
- 2 Bath
- 1360 sft
512 Shenandoah Trl, Elgin, IL, 60123
Listed for sale 1 day ago
$ 265,000
ROI
23.9Cash Flow/m
303- 2 Bed
- 2 Bath
- 1254 sft
1780 College Green Dr, Elgin, IL, 60123
Listed for sale 1 day ago
$ 268,000
ROI
23.5Cash Flow/m
282- 3 Bed
- 2 Bath
- 1254 sft
1784 College Green Dr, Elgin, IL, 60123
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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