Investment Properties Under $500K in Gillespie, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Gillespie, IL

Property at 212 E Elm St, Gillespie, IL
$ 105,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign63
  • 3 Bed
  • 1 Bath
  • 1505 sft
212 E Elm St, Gillespie, IL, 62033
Property at 304 Francis St, Gillespie, IL
$ 110,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign113
  • 3 Bed
  • 2 Bath
  • 850 sft
304 Francis St, Gillespie, IL, 62033
Property at 307 South St, Gillespie, IL
$ 120,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign75
  • 2 Bed
  • 2 Bath
  • 1320 sft
307 South St, Gillespie, IL, 62033
Property at 811 Adams St, Gillespie, IL
$ 119,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign45
  • 2 Bed
  • 1 Bath
  • 1000 sft
811 Adams 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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