Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lacon, IL
Listed for sale 1 day ago
$ 135,000
ROI
22.8
Cash Flow/m
116- 3 Bed
- 1 Bath
- 1352 sft
521 7th St, Lacon, IL, 61540
Listed for sale 6 days ago
$ 179,900
ROI
28.3Cash Flow/m
427- 3 Bed
- 2 Bath
- 1519 sft
510 N High St, Lacon, IL, 61540
Fix & Flip
Motivated Seller
$ 145,000
ROI
22.4Cash Flow/m
108- 4 Bed
- 2 Bath
- 2780 sft
204 S Fulton St, Lacon, IL, 61540
$ 146,900
ROI
23.7Cash Flow/m
160- 3 Bed
- 1 Bath
- 1265 sft
903 N Center 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.
Find Your Perfect Investment Property in Lacon, Illinois
Explore investment opportunities by strategy, performance, or property type
