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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lemont, IL
Listed for sale 1 day ago
$ 389,000
ROI
23.4
Cash Flow/m
392- 3 Bed
- 2 Bath
- 1950 sft
8737 S 50th Ave, Lemont, IL, 60453
$ 417,500
ROI
24.1Cash Flow/m
500- 2 Bed
- 4 Bath
- 2006 sft
14571 Albany Ave, Lemont, IL, 60439
$ 329,900
ROI
24.9Cash Flow/m
472- 1 Bed
- 1 Bath
- 1000 sft
733 Ridge Rd, Lemont, IL, 60439
$ 350,000
ROI
30.6Cash Flow/m
1052- 2 Bed
- 1 Bath
- - sft
1028 Cherokee Pl, 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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