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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 2 days ago
$ 460,000
ROI
21.5
Cash Flow/m
223- 3 Bed
- 4 Bath
- 1843 sft
150 Harper Ln, Lemont, IL, 60439
Listed for sale 2 days ago
$ 324,900
ROI
19.9Cash Flow/m
12- 3 Bed
- 1 Bath
- 1000 sft
15976 New Ave, Lemont, IL, 60439
Fix & Flip
$ 499,900
ROI
19.9Cash Flow/m
13- 2 Bed
- 2 Bath
- 1739 sft
14530 131st St, Lemont, IL, 60439
$ 199,950
ROI
23.4Cash Flow/m
204- 1 Bed
- 1 Bath
- 1050 sft
723 State St, 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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