Investment Properties Under $300K in Lake Forest, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Lake Forest, IL

Property at 1301 N Western Ave UNIT 236, Lake Forest, IL
Fix & Flip
$ 160,000
ROI
46.7ROI percentage
Cash Flow/m
Dollar sign1198
  • 1 Bed
  • 2 Bath
  • 957 sft
1301 N Western Ave UNIT 236, Lake Forest, IL, 60045
Property at 1301 N Western Ave UNIT 317, Lake Forest, IL
$ 278,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign636
  • 2 Bed
  • 2 Bath
  • 1220 sft
1301 N Western Ave UNIT 317, Lake Forest, IL, 60045
Property at 1301 N Western Ave UNIT 102, Lake Forest, IL
$ 276,000
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign806
  • 2 Bed
  • 2 Bath
  • 1316 sft
1301 N Western Ave UNIT 102, Lake Forest, IL, 60045
Property at 1301 N Western Ave UNIT 134, Lake Forest, IL
Fix & Flip
$ 189,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign122
  • 2 Bed
  • 2 Bath
  • 1370 sft
1301 N Western Ave UNIT 134, Lake Forest, IL, 60045

Why Invest in Lake Forest, Illinois?

Investing in Lake Forest, IL, offers a unique opportunity under $300k. With its rich cultural heritage and proximity to Chicago, the demand for properties in this area continues to grow. The community boasts an average rental yield of 6.5%, making it an attractive market for rental investments.

8%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Lake Forest, properties under $300K typically include smaller single-family homes and condos. These options provide affordable entry points into the Lake County real estate market.

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