Under $200K Investment Properties for Sale in Elk Grove Village, IL

Property at 850 Wellington Ave Unit 403, Elk Grove Village, IL
$ 187,500
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign140
  • 1 Bed
  • 1 Bath
  • 784 sft
850 Wellington Ave Unit 403, Elk Grove Village, IL, 60007
Property at 115 Boardwalk St UNIT 2E, Elk Grove Village, IL
$ 189,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 2 Bath
  • 1000 sft
115 Boardwalk St UNIT 2E, Elk Grove Village, IL, 60007
Property at 700 Wellington Ave UNIT 406, Elk Grove Village, IL
$ 199,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign190
  • 2 Bed
  • 2 Bath
  • - sft
700 Wellington Ave UNIT 406, Elk Grove Village, IL, 60007
Property at 117 Boardwalk St UNIT 2E, Elk Grove Village, IL
$ 195,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign113
  • 2 Bed
  • 2 Bath
  • 1000 sft
117 Boardwalk St UNIT 2E, Elk Grove Village, IL, 60007

Why Invest in Elk Grove Village, Illinois?

Elk Grove Village offers an enticing opportunity for investors seeking properties under $200k. With a favorable market that boasts a strong rental yield and potential for appreciation, this area is attracting attention. The average cash flow coupled with a steady demand for rentals indicates a promising investment environment for new and experienced investors alike.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Elk Grove Village, you can find a variety of properties including single-family homes and townhouses, many of which are suitable for first-time investors. The market offers robust options within your budget.

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