Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Gillespie, IL
$ 105,000
ROI
21.9
Cash Flow/m
63- 3 Bed
- 1 Bath
- 1505 sft
212 E Elm St, Gillespie, IL, 62033
$ 110,000
ROI
23.5Cash Flow/m
113- 3 Bed
- 2 Bath
- 850 sft
304 Francis St, Gillespie, IL, 62033
$ 120,000
ROI
22.0Cash Flow/m
75- 2 Bed
- 2 Bath
- 1320 sft
307 South St, Gillespie, IL, 62033
$ 119,000
ROI
21.1Cash Flow/m
45- 2 Bed
- 1 Bath
- 1000 sft
811 Adams St, Gillespie, IL, 62033
Why Invest in Gillespie, Illinois?
Investing in properties under $200k in Gillespie, IL can yield promising returns. With an average rental yield of around 8%, this area has maintained a stable economy with a steady demand for affordable housing. Additionally, investors can benefit from the community's low vacancy rates, making it an attractive market for those looking to enter affordable real estate.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Gillespie is quite stable, with average rents around $900. The area has a low vacancy rate, indicating a strong demand for rental properties.
Find Your Perfect Investment Property in Gillespie, Illinois
Explore investment opportunities by strategy, performance, or property type
