High Rental Yield Investment Properties for Sale in Joliet, IL
21- 3 Bed
- 1 Bath
- 1542 sft
857- 3 Bed
- 3 Bath
- 1504 sft
480- 3 Bed
- 3 Bath
- 1800 sft
29- 4 Bed
- 2 Bath
- 1796 sft
Why Invest in Joliet, Illinois?
Joliet, IL stands out for **high rental yield** opportunities, driven by affordable housing costs and steady renter demand. Average rents hover around $1,144 monthly, 30% below the national average, paired with a 3.4% yearly rent increase[1]. Investors benefit from strong industrial employment supporting cap rates near 7-8% and solid cash flow potential. Proximity to Chicago offers appreciation upside while keeping acquisition costs low. The city's growth as a logistics hub ensures long-term tenant stability and yield consistency.
Frequently Asked Questions
Joliet offers affordable home prices around $250,000 paired with $1,144 average rents, yielding 8-9% returns. Strong demand from industrial workers and logistics growth ensures low vacancies. Proximity to Chicago adds appreciation without high entry costs.
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