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

Listed for sale today
$ 114,900
ROI
23.7
Cash Flow/m
125- 2 Bed
- 1 Bath
- 846 sft
10 Reed Ct, Jerome, IL, 62704

Listed for sale 2 days ago
$ 164,000
ROI
22.5
Cash Flow/m
123- 3 Bed
- 1 Bath
- 1677 sft
2732 S Welch Ave #1, Jerome, IL, 62704

Listed for sale 4 days ago
$ 199,900
ROI
23.0
Cash Flow/m
177- 3 Bed
- 2 Bath
- 1850 sft
2817 S Park Ave, Jerome, IL, 62704

$ 180,000
ROI
23.1
Cash Flow/m
168- 4 Bed
- 2 Bath
- 1835 sft
3025 S Lincoln Ave, Jerome, IL, 62704
Why Invest in Jerome, Illinois?
Investing in Jerome, IL, offers great opportunities for growth, especially for multifamily properties. With a favorable rental yield and competitive rental rates, investors can enjoy steady cash flow and appreciate the area's charm and community spirit. This location is ideal for those looking to enter the real estate market with solid metrics backing their decision.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Jerome, IL, is approximately $1,200 per month, making it competitive in the local market. This rate can vary depending on the type of property.
Find Your Perfect Investment Property in Jerome, Illinois
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