Under $500K Investment Properties for Sale in Lacon, IL
$ 173,000
ROI
23.0
Cash Flow/m
157- 2 Bed
- 2 Bath
- 2104 sft
724 Harmony Ln, Lacon, IL, 61540
$ 119,900
ROI
22.4Cash Flow/m
89- 3 Bed
- 2 Bath
- 2080 sft
1213 3rd St, Lacon, IL, 61540
Airbnb Potential
$ 214,900
ROI
27.0Cash Flow/m
432- 2 Bed
- 3 Bath
- 1700 sft
36 Bay Shore Dr, Lacon, IL, 61540
$ 149,900
ROI
23.4Cash Flow/m
153- 4 Bed
- 1 Bath
- 1712 sft
318 S Broad St, Lacon, IL, 61540
Why Invest in Lacon, Illinois?
Investing in properties under $500K in Lacon, Illinois, offers a unique opportunity for investors seeking affordable options. With a low cost of living and proximity to natural recreational areas, Lacon is attractive for long-term rentals. The area boasts an upward trend in property values and solid rental demand from local residents, making it a practical choice for investment.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$1200/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Lacon offers affordable housing options and a stable rental market, making it an attractive location for real estate investments. With the potential for appreciation and a growing community, investors can expect solid returns.
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