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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Kankakee, IL
Fix & Flip
Listed for sale 4 days ago
$ 185,000
ROI
32.2
Cash Flow/m
638- 3 Bed
- 2 Bath
- 1300 sft
1740 E Duane Blvd, Kankakee, IL, 60901
Fix & Flip
$ 200,000
ROI
33.0Cash Flow/m
735- 3 Bed
- 2 Bath
- 1720 sft
619 S Myrtle Ave, Kankakee, IL, 60901
Fix & Flip
$ 224,900
ROI
24.5Cash Flow/m
300- 3 Bed
- 2 Bath
- 1676 sft
2621 E Heritage Dr, Kankakee, IL, 60901
Fix & Flip
$ 184,900
ROI
29.3Cash Flow/m
493- 3 Bed
- 1 Bath
- 1032 sft
2205 W Hickory St, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Investing in Kankakee, IL, particularly in fix-and-flip properties, presents a unique opportunity. The area has been experiencing a rising demand for renovated homes, with average cash flows showing promising potential. With a rental yield of 8% and average rents around $1,100, this is a market worth exploring.
15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors in Kankakee can expect an average ROI of around 15% for fix-and-flip properties, making it a lucrative market for renovation projects.
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