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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
$ 295,000
ROI
21.5
Cash Flow/m
143- 2 Bed
- 2 Bath
- 1000 sft
752 Gloucester Dr, Elk Grove Village, IL, 60007
$ 299,900
ROI
21.7Cash Flow/m
162- 2 Bed
- 1 Bath
- 1130 sft
304 University Ln #A, Elk Grove Village, IL, 60007
$ 229,000
ROI
22.3Cash Flow/m
162- 2 Bed
- 2 Bath
- 1250 sft
720 Wellington Ave Unit 509, Elk Grove Village, IL, 60007
$ 275,000
ROI
19.8Cash Flow/m
5- 2 Bed
- 2 Bath
- 1111 sft
540 Biesterfield Rd #B314, 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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