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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

$ 250,000
ROI
26.7
Cash Flow/m
482- 1 Bed
- 1 Bath
- 1100 sft
266 Greensboro Ct #5, Elk Grove Village, IL, 60007

$ 229,000
ROI
20.4
Cash Flow/m
38- 1 Bed
- 1 Bath
- 790 sft
815 Leicester Rd APT 312A, Elk Grove Village, IL, 60007

$ 275,000
ROI
20.1
Cash Flow/m
27- 2 Bed
- 2 Bath
- 1000 sft
520 Biesterfield Rd APT 209, Elk Grove Village, IL, 60007

$ 279,000
ROI
24.3
Cash Flow/m
349- 2 Bed
- 1 Bath
- 1000 sft
230 University Ln, 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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