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

Listed for sale today
$ 424,900
ROI
21.2
Cash Flow/m
167- 5 Bed
- 2 Bath
- 1900 sft
8131 W Evergreen Dr, Frankfort, IL, 60423

Listed for sale 7 days ago
$ 379,000
ROI
25.5
Cash Flow/m
611- 3 Bed
- 2 Bath
- 1275 sft
8227 W Orchard Dr, Frankfort, IL, 60423

Listed for sale 7 days ago
$ 179,900
ROI
23.7
Cash Flow/m
199- 2 Bed
- 2 Bath
- - sft
22942 S Glen Eagle Dr, Frankfort, IL, 60423

$ 410,000
ROI
23.2
Cash Flow/m
396- 3 Bed
- 3 Bath
- 1906 sft
20532 Timber Mill 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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