Under $500K Investment Properties for Sale in Manhattan, IL

Listed for sale 2 days ago
$ 350,000
ROI
26.3
Cash Flow/m
632- 3 Bed
- 1 Bath
- 1520 sft
190 W North St, Manhattan, IL, 60442

Listed for sale 2 days ago
$ 349,000
ROI
26.2
Cash Flow/m
622- 3 Bed
- 3 Bath
- 2550 sft
25426 S Barrow Rd, Manhattan, IL, 60442

Listed for sale 3 days ago
$ 424,990
ROI
20.7
Cash Flow/m
112- 2 Bed
- 2 Bath
- 1700 sft
Tamarack Plan, Prairie Trails, Manhattan, IL, 60442

Listed for sale 4 days ago
$ 379,900
ROI
23.8
Cash Flow/m
425- 3 Bed
- 2 Bath
- 2515 sft
24951 S Blackthorne Rd, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Investing in Manhattan, IL, especially in properties under $500k, presents a unique opportunity for savvy investors. The area boasts an inviting mix of community charm and economic growth potential. With a strong rental occupancy rate and an appreciation trend, Manhattan is a market worth considering for solid returns.
8.5%
Avg. ROI
7%
Rental Yield
6.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Manhattan, IL, is approximately $400k, making it an affordable option for potential homebuyers and investors looking for value.
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