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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 1 day ago
$ 250,000
ROI
27.6
Cash Flow/m
546- 3 Bed
- 3 Bath
- 1176 sft
311 Chevy Chase Dr, Belleville, IL, 62223
Listed for sale 1 day ago
$ 129,900
ROI
28.5Cash Flow/m
316- 2 Bed
- 1 Bath
- 756 sft
319 E Schuetz St, Lebanon, IL, 62254
Listed for sale 1 day ago
$ 205,000
ROI
20.5Cash Flow/m
44- 4 Bed
- 2 Bath
- 2489 sft
170 Cobb Ave, Decatur, IL, 62522
Listed for sale 1 day ago
$ 289,500
ROI
25.1Cash Flow/m
429- 3 Bed
- 3 Bath
- 3372 sft
1808 Saint Clair Dr, Pekin, IL, 61554
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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