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

Listed for sale 1 day ago
$ 135,900
ROI
23.3
Cash Flow/m
134- 3 Bed
- 1 Bath
- 1400 sft
1884 Banks Rd, Erie, IL, 61250

Fix & Flip
$ 165,000
ROI
25.6
Cash Flow/m
268- 3 Bed
- 3 Bath
- 1150 sft
7820 Kelly Ct, Erie, IL, 61250

$ 110,000
ROI
33.0
Cash Flow/m
405- 3 Bed
- 1 Bath
- 877 sft
7180 Smit Rd, Erie, IL, 61250

$ 162,500
ROI
20.7
Cash Flow/m
43- 2 Bed
- 1 Bath
- 1395 sft
1320 6th Ave, Erie, IL, 61250
Why Invest in Erie, Illinois?
Investing in Illinois provides significant opportunities due to the state's diverse economy and real estate market. With robust rental yields and stable property values, investors can explore a range of properties, including single-family homes and multifamily units. On average, properties in Illinois can yield favorable returns, making it an attractive choice for current and aspiring investors.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Illinois is approximately 8.0%, making it a strong market for real estate investments.
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