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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Mc Lean, IL
$ 169,900
ROI
22.2
Cash Flow/m
116- 5 Bed
- 2 Bath
- 1481 sft
509 W Charles St, Mc Lean, IL, 61754
$ 125,000
ROI
22.9Cash Flow/m
109- 1 Bed
- 2 Bath
- 1592 sft
207 S Stewart St, Mc Lean, IL, 61754
$ 195,000
ROI
29.0Cash Flow/m
504- 3 Bed
- 2 Bath
- 1383 sft
419 S Hamilton St, Mc Lean, IL, 61754
$ 150,000
ROI
22.4Cash Flow/m
110- 3 Bed
- 1 Bath
- 1234 sft
113 E Dixie Rd, Mc Lean, IL, 61754
Why Invest in Mc Lean, Illinois?
Investing in McLean, IL, can be appealing, especially with properties listed under $200k. The area has a steady rental market and potential for consistent cash flow. With a rental yield of approximately 7% and cap rates around 8%, it's a great choice for savvy investors.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In McLean, you can find a variety of properties under $200k, including single-family homes and modest townhouses. These options cater well to first-time buyers and investors.
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