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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hanover Park, IL
$ 289,900
ROI
29.8
Cash Flow/m
813- 3 Bed
- 2 Bath
- 1208 sft
1741 McCormick Ln, Hanover Park, IL, 60133
$ 272,000
ROI
28.9Cash Flow/m
689- 2 Bed
- 2 Bath
- 1040 sft
7459 Grant Cir, Hanover Park, IL, 60133
$ 250,000
ROI
25.9Cash Flow/m
425- 3 Bed
- 2 Bath
- 950 sft
7604 Bristol Ln, Hanover Park, IL, 60133
$ 299,000
ROI
26.8Cash Flow/m
585- 3 Bed
- 2 Bath
- 1681 sft
1379 Court Marguerite, 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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