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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elk Grove Village, IL
Listed for sale 1 day ago
$ 275,000
ROI
22.3
Cash Flow/m
193- 2 Bed
- 1 Bath
- - sft
273 Doral Ct #A, Elk Grove Village, IL, 60007
Listed for sale 2 days ago
$ 187,500
ROI
22.5Cash Flow/m
140- 1 Bed
- 1 Bath
- 784 sft
850 Wellington Ave Unit 403, Elk Grove Village, IL, 60007
Listed for sale 3 days ago
$ 290,000
ROI
21.0Cash Flow/m
103- 2 Bed
- 1 Bath
- 1130 sft
170 Inverness Ct #2, Elk Grove Village, IL, 60007
Listed for sale 4 days ago
$ 249,900
ROI
20.4Cash Flow/m
45- 2 Bed
- 2 Bath
- 1100 sft
815 Leicester Rd APT 114A, Elk Grove Village, IL, 60007
Why Invest in Elk Grove Village, Illinois?
Elk Grove Village offers a variety of properties under $300K, making it an attractive option for real estate investors. With a strong rental market supported by high employment rates, the area presents opportunities for robust rental yields and stable cash flows. The community's convenient location within the Chicago metropolitan area further enhances its desirability.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental prices in Elk Grove Village hover around $1,400 per month, making it affordable compared to many nearby suburban areas. This affordability, coupled with a strong rental market, makes it an attractive locale for both renters and investors.
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