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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Illinois City, IL

$ 242,500
ROI
26.9
Cash Flow/m
479- 2 Bed
- 3 Bath
- 1448 sft
14112 224th St W, Illinois City, IL, 61259

$ 339,900
ROI
19.9
Cash Flow/m
16- 5 Bed
- 3 Bath
- 2480 sft
17316 Brights Ct, Illinois City, IL, 61259

Fix & Flip
$ 163,000
ROI
34.8
Cash Flow/m
682- 3 Bed
- 2 Bath
- 2216 sft
23601 123rd Ave W, Illinois City, IL, 61259

$ 285,000
ROI
30.0
Cash Flow/m
811- 6 Bed
- 3 Bath
- 5431 sft
12009 322nd St W, Illinois City, IL, 61259
Why Invest in Illinois City, Illinois?
Investing in properties under $500k in Illinois presents a unique opportunity for budget-conscious investors. With a favorable cap rate and strong rental yields, the state offers a robust real estate market. Illinois shows promising job growth and a steady appreciation rate, making it an attractive area for long-term investments.
9%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home prices in Illinois vary by region, but homes under $500k are quite common. Investors can find many properties within this price range, especially in suburban areas.
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