Under $500K Investment Properties for Sale in Frankfort, IL
Listed for sale 1 day ago
$ 349,900
ROI
28.1
Cash Flow/m
813- 3 Bed
- 2 Bath
- 1692 sft
20547 S Frankfort Square Rd, Frankfort, IL, 60423
Listed for sale 1 day ago
$ 375,000
ROI
25.9Cash Flow/m
639- 3 Bed
- 2 Bath
- 1150 sft
20463 S Graceland Ln, Frankfort, IL, 60423
Listed for sale 3 days ago
$ 125,000
ROI
22.0Cash Flow/m
78- 2 Bed
- 2 Bath
- - sft
22651 S Foxfire Dr, Frankfort, IL, 60423
Listed for sale 6 days ago
$ 454,900
ROI
24.4Cash Flow/m
586- 3 Bed
- 3 Bath
- 2400 sft
21336 Settlers Pond Dr, Frankfort, IL, 60423
Why Invest in Frankfort, Illinois?
Frankfort, IL, offers a vibrant real estate market for investors seeking homes under $500k. With a growing community and increasing property values, this suburb stands out for its strong rental yields and attractive appreciation rates. Investors can expect an average cash flow and favorable cap rates in this economically robust area.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Frankfort, IL, are around $1,800 per month. This competitive pricing makes it an ideal area for both renters and potential investors.
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