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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elwood, IL

$ 125,000
ROI
61.5
Cash Flow/m
1453- 3 Bed
- 2 Bath
- - sft
415 James Rd, Elwood, IL, 60421

Fix & Flip
$ 169,900
ROI
23.0
Cash Flow/m
154- 2 Bed
- 1 Bath
- 1000 sft
203 W Morris St, Elwood, IL, 60421

Fix & Flip
$ 129,900
ROI
22.8
Cash Flow/m
109- 3 Bed
- 2 Bath
- - sft
400 James Rd, Elwood, IL, 60421
or
Here are some other similar properties you might be interested in:
Listed for sale today
$ 100,000
ROI
33.7
Cash Flow/m
388- 2 Bed
- 2 Bath
- 1120 sft
201 Melrose Ave, South Roxana, IL, 62087

Listed for sale 1 day ago
$ 100,000
ROI
23.3
Cash Flow/m
97- 3 Bed
- 2 Bath
- 1152 sft
658 Hoxie Ave, Calumet City, IL, 60409

Fix & Flip
Rental Income
Listed for sale 7 days ago
$ 100,000
ROI
23.1
Cash Flow/m
94- 3 Bed
- 2 Bath
- 1030 sft
121 Lee Ln, Murphysboro, IL, 62966

Listed for sale 6 days ago
$ 100,000
ROI
22.9
Cash Flow/m
87- 3 Bed
- 1 Bath
- 1008 sft
5205 Wickway Dr, Alton, IL, 62002

Fix & Flip
$ 100,000
ROI
22.3
Cash Flow/m
69- 4 Bed
- 3 Bath
- 2240 sft
2721 N Elmcroft Dr, Peoria, IL, 61604

$ 100,000
ROI
23.0
Cash Flow/m
91- - Bed
- - Bath
- - sft
15424 Diamond Springs Rd, Sandoval, IL, 62882

Fix & Flip
$ 100,000
ROI
23.3
Cash Flow/m
99- 5 Bed
- 3 Bath
- 1978 sft
423 Auburn St, Rockford, IL, 61103

$ 100,000
ROI
8.2
Gross Rent Yield
9.5
- - Bed
- 1 Bath
- 600 sft
2921 S Michigan Ave APT 413, Chicago, IL, 60616

Fix & Flip
$ 100,000
ROI
9.8
Gross Rent Yield
9.4
- 2 Bed
- 1 Bath
- - sft
18205 Morgan St APT 2A, Homewood, IL, 60430

$ 100,000
ROI
-
Cash Flow/m
-- 3 Bed
- 2 Bath
- 1660 sft
465 Main St, Vergennes, IL, 62994

Fix & Flip
$ 100,000
ROI
22.7
Cash Flow/m
82- 3 Bed
- 2 Bath
- 1056 sft
252 Sunset Dr, Belleville, IL, 62223

$ 100,000
ROI
22.0
Cash Flow/m
62- 2 Bed
- 1 Bath
- 733 sft
3022 S 3rd St, Southern View, IL, 62703

$ 100,000
ROI
23.0
Cash Flow/m
90- 2 Bed
- 1 Bath
- 672 sft
315 Pershing Ave, Wood River, IL, 62095

$ 100,000
ROI
16.0
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 450 sft
3130 W Monroe St APT 201, Waukegan, IL, 60085

Fix & Flip
$ 100,000
ROI
23.0
Cash Flow/m
89- 3 Bed
- 2 Bath
- 1277 sft
2105 N Elizabeth St, Springfield, IL, 62702

$ 100,000
ROI
22.7
Cash Flow/m
81- 2 Bed
- 1 Bath
- 760 sft
926 S 19th St, Quincy, IL, 62301

$ 100,000
ROI
22.6
Cash Flow/m
80- 2 Bed
- - Bath
- 1218 sft
605 W Jefferson St, Blandinsville, IL, 61420

$ 100,000
ROI
-
Cash Flow/m
-- - Bed
- - Bath
- 2824 sft
350 Van Buren St, Warsaw, IL, 62379

$ 100,000
ROI
23.4
Cash Flow/m
102- 2 Bed
- 1 Bath
- 1020 sft
2506 11th St, Rock Island, IL, 61201

$ 100,000
ROI
22.6
Cash Flow/m
79- 3 Bed
- 2 Bath
- 1376 sft
607 S Main St, Sorento, IL, 62086

$ 100,000
ROI
22.6
Cash Flow/m
78- 2 Bed
- 1 Bath
- 886 sft
406 Henry St, Prairie Du Rocher, IL, 62277

$ 100,000
ROI
22.1
Cash Flow/m
66- 3 Bed
- 2 Bath
- 1306 sft
619 W Lincoln Ave, Onarga, IL, 60955

$ 100,000
ROI
22.0
Cash Flow/m
61- 3 Bed
- 2 Bath
- 1569 sft
5 Weigela Ct, Swansea, IL, 62226

$ 100,000
ROI
22.5
Cash Flow/m
75- 3 Bed
- 2 Bath
- 2378 sft
74 Glen Echo Dr, Glen Carbon, IL, 62034
Why Invest in Elwood, Illinois?
Investing in Elwood, IL offers opportunities to purchase properties under $200k, making it accessible for first-time investors. With a rental yield estimated at 6% and average cash flow around $150 monthly, the market shows promise for steady returns. The area's favorable appreciation rate and growing demand for affordable housing create a favorable environment for real estate investment.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Elwood offers a variety of properties including single-family homes and townhomes under $200k. This makes it a great option for first-time buyers and investors looking for affordable investment opportunities.
Find Your Perfect Investment Property in Elwood, Illinois
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