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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lake Villa, IL

Fix & Flip
Motivated Seller
Listed for sale 2 days ago
$ 225,000
ROI
20.4
Cash Flow/m
38- 4 Bed
- 2 Bath
- 2400 sft
39056 N Poplar St, Lake Villa, IL, 60046

Listed for sale 7 days ago
$ 289,900
ROI
25.8
Cash Flow/m
486- 3 Bed
- 1 Bath
- 1010 sft
2402 E Grand Ave, Lake Villa, IL, 60046

Listed for sale 7 days ago
$ 329,000
ROI
26.9
Cash Flow/m
651- 3 Bed
- 1 Bath
- 1144 sft
39181 N Cedar Crest Dr, Lake Villa, IL, 60046

Fix & Flip
$ 380,000
ROI
24.0
Cash Flow/m
452- 3 Bed
- 2 Bath
- 2372 sft
21938 W 6th St, Lake Villa, IL, 60046
Why Invest in Lake Villa, Illinois?
Investing in properties under $500K in Illinois offers a gateway to affordable homeownership and lucrative rental opportunities. With an average rental yield of 7% in the state, investors can expect strong returns. Additionally, the state's appreciation rate indicates a growing market, making it an attractive choice for new and seasoned investors alike.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
There are numerous areas in Illinois where you can find properties under $500K, particularly in suburbs and rural regions. Markets like Peoria, Springfield, and Rockford are known for affordability.
Find Your Perfect Investment Property in Lake Villa, Illinois
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