Under $500K Investment Properties for Sale in Lemont, IL
Listed for sale 4 days ago
$ 295,000
ROI
22.4
Cash Flow/m
219- 3 Bed
- 1 Bath
- 850 sft
402 Porter St, Lemont, IL, 60439
Listed for sale 4 days ago
$ 479,900
ROI
25.3Cash Flow/m
738- 3 Bed
- 4 Bath
- 2800 sft
13866 Steeples Rd, Lemont, IL, 60439
Fix & Flip
Listed for sale 6 days ago
$ 410,000
ROI
24.0Cash Flow/m
486- 3 Bed
- 2 Bath
- 1784 sft
11S534 Lemont Rd, Lemont, IL, 60439
$ 460,000
ROI
22.8Cash Flow/m
388- 3 Bed
- 1 Bath
- 1094 sft
9 Ridge Rd, Lemont, IL, 60439
Why Invest in Lemont, Illinois?
Investing in Lemont, IL, particularly in properties under $500k, can yield strong returns. This suburb offers a mix of accessibility to Chicago and a growing local economy, making it attractive for both renters and buyers. With an average rental yield of 7% and a cap rate around 8%, there are significant cash flow opportunities for real estate investors.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home price in Lemont, IL, is around $400,000, but there are options available under $500,000.
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