Under $500K 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 $500k in Illinois can provide lucrative opportunities for budding investors. With a diverse economy and cost-effective real estate options, Illinois attracts both renters and homebuyers. The average rental yield is competitive, and property appreciation rates are trending positively.
8.2%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Investing in Illinois properties under $500k allows for affordable entry points into the real estate market. It can provide good returns due to competitive rental yields and appreciation rates.
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