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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elgin, IL

Listed for sale 2 days ago
$ 129,900
ROI
22.3
Cash Flow/m
93- 2 Bed
- 2 Bath
- 1568 sft
256 Bayview Rd #303, Elgin, IL, 60123

$ 155,900
ROI
22.5
Cash Flow/m
117- 2 Bed
- 2 Bath
- 1095 sft
Barrington Plan, Willow Lake Estates, Elgin, IL, 60123

Fix & Flip
$ 185,000
ROI
22.5
Cash Flow/m
143- 4 Bed
- 3 Bath
- 1534 sft
(Undisclosed Address), Elgin, IL, 60123

Fix & Flip
$ 175,000
ROI
31.9
Cash Flow/m
591- 4 Bed
- 2 Bath
- - sft
677 Wellington Ave, Elgin, IL, 60120
Why Invest in Elgin, Illinois?
Investing in Elgin under $200k presents a unique opportunity for savvy investors. With an average ROI of 10% and a rental yield of 8%, this market is thriving. The city’s growing population and job opportunities further enhance its potential, making it an attractive choice for new investors.
10%
Avg. ROI
8%
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 Elgin is approximately 8%, making it a favorable market for real estate investors looking for returns.
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