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

Airbnb Potential
Listed for sale today
$ 300,000
ROI
22.9
Cash Flow/m
264- 2 Bed
- 2 Bath
- 1088 sft
39 Fairfax Rd, Fox Lake, IL, 60020

Fix & Flip
Listed for sale 4 days ago
$ 200,000
ROI
19.9
Cash Flow/m
8- 3 Bed
- 2 Bath
- 1456 sft
74 Cathryn St, Fox Lake, IL, 60020

$ 260,000
ROI
27.7
Cash Flow/m
573- 3 Bed
- 2 Bath
- 1400 sft
61 Highview Ave, Fox Lake, IL, 60020

$ 215,000
ROI
21.2
Cash Flow/m
89- 2 Bed
- 2 Bath
- 1092 sft
89 Maude Ave, Fox Lake, IL, 60020
Why Invest in Fox Lake, Illinois?
Investing in properties under $300k in Fox Lake, IL, presents a unique opportunity for buyers seeking affordability in a picturesque setting. With its proximity to lakes and recreational areas, the rental market boasts impressive metrics, including a strong average rental yield and cash flow. Investors can leverage the area's 5% annual appreciation rate, making it an attractive spot for long-term growth.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Fox Lake is approximately $1,200 per month. This competitive pricing attracts a diverse group of renters, including families and young professionals.
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