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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

Listed for sale today
$ 289,000
ROI
24.4
Cash Flow/m
371- 3 Bed
- 2 Bath
- 1550 sft
49 Marvin St, Fox Lake, IL, 60020

Listed for sale 6 days ago
$ 239,900
ROI
30.0
Cash Flow/m
681- 2 Bed
- 1 Bath
- 1008 sft
54 Hillcrest Ave, Fox Lake, IL, 60020

$ 179,900
ROI
21.9
Cash Flow/m
109- 2 Bed
- 2 Bath
- 1050 sft
22 N Pistakee Lake Rd APT 3E, Fox Lake, IL, 60020

$ 179,900
ROI
23.3
Cash Flow/m
177- 2 Bed
- 2 Bath
- - sft
79 Maude Ave APT E, 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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