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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Illinois
Listed for sale today
$ 194,900
ROI
21.9
Cash Flow/m
116- 3 Bed
- 2 Bath
- 1705 sft
1219 N Jones Cir, Peoria, IL, 61604
Listed for sale today
$ 124,900
ROI
25.8Cash Flow/m
209- 1 Bed
- 1 Bath
- 712 sft
1405 Cherry St, Quincy, IL, 62301
Listed for sale today
$ 137,500
ROI
22.0Cash Flow/m
85- 3 Bed
- 1 Bath
- 1457 sft
2725 2nd St, Peru, IL, 61354
Listed for sale today
$ 168,999
ROI
27.5Cash Flow/m
364- 2 Bed
- 1 Bath
- 732 sft
2411 29th St, Moline, IL, 61265
Why Invest in Illinois?
Illinois offers strong investment opportunities in homes under $300k, particularly in affordable single-family properties and condos across urban and suburban areas. Statewide renter occupancy stands at around 35%, supporting steady rental demand. Average cap rates hover near 7%, with rental yields of 8-9% in key markets. Annual appreciation averages 4%, bolstered by economic hubs like Chicago. Cash flow potential remains solid at $250 monthly for under-$300k properties.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Average ROI reaches 9.5% with 8% rental yields and 7% cap rates. Cash flow averages $250 monthly after expenses. These metrics hold across suburbs and smaller cities.
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