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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
$ 169,900
ROI
22.2
Cash Flow/m
116- 5 Bed
- 2 Bath
- 1481 sft
509 W Charles St, Mc Lean, IL, 61754
$ 220,000
ROI
26.6Cash Flow/m
420- 3 Bed
- 2 Bath
- 2624 sft
705 Eastview Dr, 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
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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