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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Mc Lean, IL
$ 195,000
ROI
29.0
Cash Flow/m
504- 3 Bed
- 2 Bath
- 1383 sft
419 S Hamilton St, Mc Lean, IL, 61754
$ 225,000
ROI
23.6Cash Flow/m
238- 4 Bed
- 4 Bath
- 2443 sft
511 W Carlisle St, Mc Lean, IL, 61754
$ 225,000
ROI
58.5Cash Flow/m
2429- 4 Bed
- 3 Bath
- 2294 sft
113 W Franklin 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 properties under $300k in McLean, IL, presents a unique opportunity for savvy investors. With a stable rental market, the average rental yield is around 8%, providing promising returns on investment for cash flow-oriented buyers. The region's low vacancy rate and growing job market further enhance its attractiveness, making it a prime location for real estate ventures.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in McLean, IL is approximately $1,200 per month. This rate reflects the area's steady rental market and its desirability among residents.
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