Under $500K Investment Properties for Sale in Illinois
Listed for sale today
$ 129,900
ROI
20.3
Cash Flow/m
21- 2 Bed
- 1 Bath
- 1092 sft
1307 Poplar St APT C, Highland, IL, 62249
Fix & Flip
Listed for sale today
$ 190,000
ROI
23.0Cash Flow/m
172- 2 Bed
- 2 Bath
- 1429 sft
1083 Greenwood Cir, Woodstock, IL, 60098
Listed for sale today
$ 210,000
ROI
25.9Cash Flow/m
360- 3 Bed
- 2 Bath
- 2170 sft
4834 Chesterfield Ave, Rockford, IL, 61109
Listed for sale today
$ 179,000
ROI
22.5Cash Flow/m
138- 3 Bed
- 2 Bath
- 1150 sft
11258 S Drake Ave, Chicago, IL, 60655
Why Invest in Illinois?
Illinois offers strong investment opportunities in properties under $500K, particularly in affordable markets outside major metros. Stable rental demand from diverse workforce supports consistent cash flow. Average cap rates around 7% and rental yields of 8% make these deals attractive for value-add strategies. Annual appreciation of 4% reflects steady market recovery per Census data. Renter-occupied housing at 34% ensures reliable tenant pools.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Average ROI stands at 9.5% with cap rates of 7.1%. Rental yields average 8.2% driven by stable demand. Cash flow averages $450 monthly per BLS-aligned metrics.
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