Single Family Investment Properties for Sale in Macon, IL
$ 230,000
ROI
22.6
Cash Flow/m
182- 3 Bed
- 2 Bath
- 1604 sft
11764 Jacobs Rd, Macon, IL, 62544
$ 269,900
ROI
24.7Cash Flow/m
374- 6 Bed
- 3 Bath
- 3200 sft
7060 Jacobs Rd, Macon, IL, 62544
$ 235,000
ROI
23.4Cash Flow/m
235- 3 Bed
- 2 Bath
- 1762 sft
280 W Frick St, Macon, IL, 62544
$ 139,900
ROI
23.2Cash Flow/m
133- 3 Bed
- 2 Bath
- 1213 sft
326 W Hight St, Macon, IL, 62544
Why Invest in Macon, Illinois?
Investing in single-family homes in Illinois can be a lucrative opportunity for those looking to grow their real estate portfolio. With average rental yields hovering around 9% and favorable cap rates, investors can enjoy solid returns in this area. The state also shows promise with projected appreciation rates at 4%, making it an attractive location for both new and seasoned investors.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Illinois depend on the city and property type, but single-family homes generally rent for around $1,200 per month. This offers a solid investment opportunity with good rental yields.
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