Investment Properties for Sale in Lanark, IL

Property at 304 W Claremont St, Lanark, IL
Listed for sale 2 days ago
$ 184,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign157
  • 3 Bed
  • 2 Bath
  • 1897 sft
304 W Claremont St, Lanark, IL, 61046
Property at 3-540 Fawn Ridge Dr, Lanark, IL
$ 320,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign141
  • 3 Bed
  • 3 Bath
  • 2292 sft
3-540 Fawn Ridge Dr, Lanark, IL, 61046
Property at 616 E Franklin St, Lanark, IL
$ 106,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign98
  • 3 Bed
  • 1 Bath
  • 1459 sft
616 E Franklin St, Lanark, IL, 61046
Property at 507 N Broad St, Lanark, IL
$ 137,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign114
  • 3 Bed
  • 2 Bath
  • 1473 sft
507 N Broad St, Lanark, IL, 61046

Why Invest in Lanark, Illinois?

Investing in real estate in Illinois offers numerous opportunities, especially with the potential for high cash flow in rental properties. With a median home price that remains competitive compared to national averages, investors can expect a stable appreciation over time. Additionally, the renter-occupied rate signals a strong demand for housing, making it an attractive market.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Illinois is approximately $1,200, depending on the location and type of property. This makes it competitive for both renters and investors.

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