Under $300K Investment Properties for Sale in Hanover Park, IL

Property at 1303 Kingsbury Dr Unit B, Hanover Park, IL
$ 264,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign469
  • 3 Bed
  • 2 Bath
  • 1250 sft
1303 Kingsbury Dr Unit B, Hanover Park, IL, 60133
Property at 7510 Washington St, Hanover Park, IL
$ 175,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign89
  • 1 Bed
  • 1 Bath
  • 660 sft
7510 Washington St, Hanover Park, IL, 60133
Property at 1672 Evergreen Ave, Hanover Park, IL
$ 299,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign891
  • 3 Bed
  • 1 Bath
  • 1000 sft
1672 Evergreen Ave, Hanover Park, IL, 60133
Property at 1784 McCormick Ln, Hanover Park, IL
$ 289,999
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign857
  • 3 Bed
  • 2 Bath
  • 1208 sft
1784 McCormick Ln, Hanover Park, IL, 60133

Why Invest in Hanover Park, Illinois?

Investing in Hanover Park, IL, can be particularly appealing for those looking for properties under $300k. The area has demonstrated a steady rental yield, coupled with an uptick in property values, making it a prime location for investors seeking balanced returns.

7.5%
Avg. ROI
6.2%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Hanover Park is approximately 6.2%. This figure indicates a strong return potential for rental properties in the area.

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