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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $100K Investment Properties for Sale in Kankakee, IL
$ 100,000
ROI
52.2
Cash Flow/m
903- 3 Bed
- 1 Bath
- 925 sft
219 S Hillcrest Ave, Kankakee, IL, 60901
$ 100,000
ROI
60.7Cash Flow/m
1139- 2 Bed
- 3 Bath
- 1488 sft
904 S 4th Ave, Kankakee, IL, 60901
$ 100,000
ROI
23.1Cash Flow/m
92- 3 Bed
- 2 Bath
- 1272 sft
732 N Dearborn Ave, Kankakee, IL, 60901
$ 100,000
ROI
41.9Cash Flow/m
617- 3 Bed
- 2 Bath
- - sft
322 W Merchant St, Kankakee, IL, 60901
Why Invest in Kankakee, Illinois?
Investing in Kankakee offers opportunities for properties under $100k, making it an attractive market for budget-conscious investors. The area features a strong rental market with an average rental yield around 8%, alongside affordable property prices that encourage cash flow positive investments. With an appreciating property value trend, Kankakee is ideal for both new and seasoned investors.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Kankakee, you can find single-family homes and some multifamily units available for under $100k. These properties often offer high rental yields, making them appealing for investment.
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