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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Essex, IL
$ 180,000
ROI
24.3
Cash Flow/m
232- 3 Bed
- 1 Bath
- - sft
123 Merchants St, Essex, IL, 60935
$ 192,700
ROI
26.5Cash Flow/m
349- 2 Bed
- 1 Bath
- 1200 sft
405 W Main St, Essex, IL, 60935
$ 155,000
ROI
35.8Cash Flow/m
692- 3 Bed
- 2 Bath
- 1600 sft
160 W Maple St, Essex, IL, 60935
$ 289,900
ROI
23.3Cash Flow/m
288- 3 Bed
- 2 Bath
- 2000 sft
128 North St, Essex, IL, 60935
Why Invest in Essex, Illinois?
Essex, IL, presents a unique opportunity for investors looking to acquire properties under $300K. With its quaint charm and affordable entry points, Essex remains an attractive destination for both new and seasoned investors. The area's competitive rental market boasts a decent appreciation rate, making investments here potentially lucrative.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors can find a variety of properties including single-family homes, townhouses, and occasionally small multi-family units. The market is particularly favorable for first-time homebuyers and rental property investors.
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