Under $500K Investment Properties for Sale in Elmhurst, IL

Property at 1200 S Prospect Ave Unit 303, Elmhurst, IL
Listed for sale 3 days ago
$ 334,900
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign148
  • 2 Bed
  • 2 Bath
  • 1415 sft
1200 S Prospect Ave Unit 303, Elmhurst, IL, 60126
Property at 482 E Park Ave, Elmhurst, IL
Listed for sale 4 days ago
$ 465,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign375
  • 3 Bed
  • 2 Bath
  • 1198 sft
482 E Park Ave, Elmhurst, IL, 60126
Property at 466 N Ridgeland Ave, Elmhurst, IL
Listed for sale 4 days ago
$ 495,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign167
  • 3 Bed
  • 1 Bath
  • 1113 sft
466 N Ridgeland Ave, Elmhurst, IL, 60126
Property at 492 W Avery St, Elmhurst, IL
Motivated Seller
Listed for sale 4 days ago
$ 450,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign479
  • 3 Bed
  • 2 Bath
  • 1023 sft
492 W Avery St, Elmhurst, IL, 60126

Why Invest in Elmhurst, Illinois?

Investing in Elmhurst, IL, particularly in properties under $500k, offers a unique opportunity with promising returns. The city boasts a solid rental market with a rental yield of 6.2%, making it an attractive option for first-time and experienced investors alike. With an appreciation rate of 4% over the past year, Elmhurst remains a stable choice for real estate investment.

9%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Investing in Elmhurst offers strong rental yields and a stable appreciation rate. The city's economic growth and infrastructure improvements add to its investment appeal.

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