Single Family Investment Properties for Sale in Lacon, IL

Property at 724 Harmony Ln, Lacon, IL
$ 173,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign157
  • 2 Bed
  • 2 Bath
  • 2104 sft
724 Harmony Ln, Lacon, IL, 61540
Property at 1213 3rd St, Lacon, IL
$ 119,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign89
  • 3 Bed
  • 2 Bath
  • 2080 sft
1213 3rd St, Lacon, IL, 61540
Property at 318 S Broad St, Lacon, IL
$ 149,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign153
  • 4 Bed
  • 1 Bath
  • 1712 sft
318 S Broad St, Lacon, IL, 61540
Property at 917 Lawndale Ave, Lacon, IL
$ 120,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign96
  • 3 Bed
  • 1 Bath
  • 2081 sft
917 Lawndale Ave, Lacon, IL, 61540

Why Invest in Lacon, Illinois?

Investing in Lacon, IL, offers attractive opportunities for single-family homes, especially with competitive pricing that fosters strong rental yields. The local housing market boasts a cap rate of around 8%, ensuring favorable cash flow for investors seeking robust returns. Additionally, Lacon's strategic location provides access to regional amenities, making it an excellent choice for long-term investment.

12%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental price for a single-family home in Lacon, IL is approximately $1,300 per month, making it an affordable option for families and long-term renters.

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