Under $200K Investment Properties for Sale in Gillespie, IL
$ 100,000
ROI
23.5
Cash Flow/m
104- 2 Bed
- 1 Bath
- 1600 sft
414 E Wilson Ave, Gillespie, IL, 62033
Fix & Flip
$ 150,000
ROI
23.6Cash Flow/m
161- 3 Bed
- 1 Bath
- 1376 sft
410 Henry St, Gillespie, IL, 62033
$ 110,000
ROI
22.1Cash Flow/m
71- 2 Bed
- 2 Bath
- 816 sft
411 E Chestnut St, Gillespie, IL, 62033
$ 175,000
ROI
20.2Cash Flow/m
23- 2 Bed
- 1 Bath
- 1050 sft
701 E Chestnut 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.
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