Under $500K Investment Properties for Sale in Lake Bluff, IL
Listed for sale 3 days ago
$ 235,000
ROI
23.7
Cash Flow/m
255- 2 Bed
- 2 Bath
- 1185 sft
13000 W Heiden Cir Unit 3105, Lake Bluff, IL, 60044
Listed for sale 5 days ago
$ 475,000
ROI
20.3Cash Flow/m
65- 3 Bed
- 3 Bath
- 2262 sft
709 Jenkisson Ave, Lake Bluff, IL, 60044
$ 474,500
ROI
20.3Cash Flow/m
69- 3 Bed
- 3 Bath
- 1170 sft
301 N Waukegan Rd, Lake Bluff, IL, 60044
$ 395,000
ROI
21.6Cash Flow/m
200- 1 Bed
- 2 Bath
- 1232 sft
233 E Center Ave, Lake Bluff, IL, 60044
Why Invest in Lake Bluff, Illinois?
Investing in the Lake Bluff area of Illinois can provide opportunities for properties under $500k. With a growing population and a strong rental market, investors can expect reasonable returns. The average rental yield in the region is currently around 5%, making it an attractive spot for residential investments.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Lake Bluff is approximately $1,800 per month. This rate can vary based on property type and location within the community.
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