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

Fix & Flip
$ 150,000
ROI
26.0
Cash Flow/m
263- 3 Bed
- 3 Bath
- 1150 sft
7820 Kelly Ct, Erie, IL, 61250

$ 129,000
ROI
27.3
Cash Flow/m
270- 2 Bed
- 1 Bath
- 890 sft
517 Main St, Erie, IL, 61250

$ 199,000
ROI
22.1
Cash Flow/m
130- 8 Bed
- 4 Bath
- - sft
700 5th Ave, Erie, IL, 61250

$ 199,900
ROI
22.1
Cash Flow/m
129- 3 Bed
- 2 Bath
- 1416 sft
300 Highland 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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