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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Homewood, IL

Fix & Flip
Listed for sale 4 days ago
$ 124,900
ROI
23.0
Cash Flow/m
113- 2 Bed
- 1 Bath
- 949 sft
2141 Spruce Rd, Homewood, IL, 60430

Listed for sale 5 days ago
$ 275,000
ROI
32.8
Cash Flow/m
1001- 4 Bed
- 2 Bath
- - sft
1712 Linden Rd, Homewood, IL, 60430

Listed for sale 5 days ago
$ 234,900
ROI
29.7
Cash Flow/m
651- 2 Bed
- 1 Bath
- 1144 sft
2444 183rd St, Homewood, IL, 60430

Fix & Flip
$ 255,000
ROI
20.2
Cash Flow/m
33- 3 Bed
- 2 Bath
- 1206 sft
18516 Riegel Rd, Homewood, IL, 60430
Why Invest in Homewood, Illinois?
Homewood, IL is an attractive market for real estate investors, particularly if you're looking for rental properties. With a healthy rental yield and a strong community, investors can expect consistent cash flow. The average appreciation rate is steadily increasing, making it a promising area for long-term growth.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Homewood, IL is approximately $1,500 per month, making it a competitive market for both renters and investors.
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