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

Airbnb Potential
Listed for sale today
$ 147,000
ROI
22.2
Cash Flow/m
100- 1 Bed
- 1 Bath
- 720 sft
512 Gear St, Galena, IL, 61036

Fix & Flip
Listed for sale today
$ 278,000
ROI
20.6
Cash Flow/m
65- 3 Bed
- 3 Bath
- 1783 sft
813 Shadow Bluff Dr, Galena, IL, 61036

Fix & Flip
Listed for sale 5 days ago
$ 299,000
ROI
35.2
Cash Flow/m
1286- - Bed
- - Bath
- 3920 sft
310 Franklin St #308 & 1/2, Galena, IL, 61036

Fix & Flip
Listed for sale 6 days ago
$ 299,000
ROI
20.8
Cash Flow/m
86- - Bed
- - Bath
- 3920 sft
310 Franklin St, Galena, IL, 61036
Why Invest in Galena, Illinois?
Investing in Galena, IL, offers unique opportunities, especially for properties under $500k. With a growing appreciation rate of approximately 4% and a rental yield near 6%, this picturesque town presents a viable option for real estate investors looking for reliability and moderate cash flow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Galena is around $1,200 per month. This can vary based on property type and location within the town.
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