High ROI Investment Properties for Sale in Kankakee, IL
Listed for sale 2 days ago
$ 187,777
ROI
23.0
Cash Flow/m
172- 4 Bed
- 2 Bath
- 1700 sft
250 N Hammes Ave, Kankakee, IL, 60901
Currently Rented
Fix & Flip
Listed for sale 3 days ago
$ 140,000
ROI
22.3Cash Flow/m
98- 3 Bed
- 1 Bath
- 1005 sft
1936 E Marmion St, Kankakee, IL, 60901
Listed for sale 5 days ago
$ 199,900
ROI
28.3Cash Flow/m
473- 3 Bed
- 1 Bath
- 1116 sft
435 S Cannon Ave, Kankakee, IL, 60901
Listed for sale 7 days ago
$ 219,900
ROI
25.2Cash Flow/m
335- 3 Bed
- 2 Bath
- 1352 sft
11 Strasma South Dr, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Investing in Kankakee, IL offers promising potential for high ROI properties. With an average rental yield around 8% and a cap rate of 10%, investors can anticipate strong cash flow and steady appreciation in this affordable market. The city's rental rates are competitive, allowing investors to capitalize on the growing demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Kankakee is approximately 8%, making it an attractive option for real estate investors looking for positive cash flow.
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