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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Illinois
Fix & Flip
Listed for sale today
$ 170,000
ROI
23.3
Cash Flow/m
168- 5 Bed
- 3 Bath
- 800 sft
2520 183rd St, Lansing, IL, 60438
Listed for sale today
$ 249,900
ROI
20.6Cash Flow/m
58- 3 Bed
- 2 Bath
- 1365 sft
2600 175th St, Hazel Crest, IL, 60429
Listed for sale today
$ 429,900
ROI
27.9Cash Flow/m
978- 3 Bed
- 2 Bath
- 2166 sft
10050 W 145th St, Orland Park, IL, 60462
Listed for sale today
$ 439,000
ROI
22.3Cash Flow/m
315- 3 Bed
- 2 Bath
- 1853 sft
9858 S Springfield Ave, Evergreen Park, IL, 60805
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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