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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 2 days ago
$ 245,000
ROI
22.5
Cash Flow/m
187- 2 Bed
- 2 Bath
- 1000 sft
900 Perrie Dr APT 304, Elk Grove Village, IL, 60007
Listed for sale 4 days ago
$ 275,000
ROI
19.8Cash Flow/m
5- 2 Bed
- 2 Bath
- 1111 sft
540 Biesterfield Rd #B314, Elk Grove Village, IL, 60007
$ 257,900
ROI
21.5Cash Flow/m
124- 2 Bed
- 1 Bath
- 1000 sft
540 Biesterfield Rd APT 305, Elk Grove Village, IL, 60007
$ 260,000
ROI
21.2Cash Flow/m
106- 2 Bed
- 2 Bath
- 1100 sft
540 Biesterfield Rd APT 301, 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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