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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 350,000
ROI
25.0Cash Flow/m
512- 3 Bed
- 2 Bath
- 1296 sft
7916 W Lawrence Ave Unit A, Norridge, IL, 60706
Listed for sale today
$ 124,900
ROI
25.8Cash Flow/m
209- 1 Bed
- 1 Bath
- 712 sft
1405 Cherry St, Quincy, IL, 62301
Fix & Flip
Listed for sale today
$ 325,000
ROI
25.8Cash Flow/m
546- 3 Bed
- 2 Bath
- 1300 sft
556 Park View Ter Unit 17-5, Buffalo Grove, IL, 60089
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.
Find Your Perfect Investment Property in Illinois
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