Under $300K Investment Properties for Sale in Fox Lake, IL
Listed for sale 1 day ago
$ 275,000
ROI
25.9
Cash Flow/m
469- 3 Bed
- 2 Bath
- 1420 sft
19 Arlington Ln, Fox Lake, IL, 60020
Listed for sale 3 days ago
$ 250,000
ROI
28.5Cash Flow/m
611- 2 Bed
- 1 Bath
- - sft
37 S Hickory Ave, Fox Lake, IL, 60020
Listed for sale 5 days ago
$ 284,900
ROI
21.9Cash Flow/m
169- 2 Bed
- 3 Bath
- 1720 sft
6980 Brightwater Dr #0, Fox Lake, IL, 60020
$ 280,000
ROI
24.9Cash Flow/m
403- 2 Bed
- 2 Bath
- 1232 sft
30 Lilac 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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