Under $300K Investment Properties for Sale in Merrionette Park, IL

Property at 3168 W Park Lane Dr, Merrionette Park, IL
Listed for sale 5 days ago
$ 225,000
2 bds | 1 ba | 1,000 sqft
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign573
3168 W Park Lane Dr, Merrionette Park, IL, 60803
Property at 11612 S Harry J Rogowski Dr, Merrionette Park, IL
Fix & Flip
$ 239,000
2 bds | 1 ba | 986 sqft
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign529
11612 S Harry J Rogowski Dr, Merrionette Park, IL, 60803
Property at 11705 S Meadow Lane Dr, Merrionette Park, IL
$ 289,900
3 bds | 1 ba | 1,130 sqft
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign869
11705 S Meadow Lane Dr, Merrionette Park, IL, 60803
Property at 11637 S Harry J Rogowski Dr, Merrionette Park, IL
Fix & Flip
$ 239,000
2 bds | 1 ba | 986 sqft
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign652
11637 S Harry J Rogowski Dr, Merrionette Park, IL, 60803

Why Invest in Merrionette Park, Illinois?

Investing in Merrionette Park offers unique opportunities for properties priced under $300k. With the area's affordability and a strong rental market, investors can expect a competitive average rent of around $1,200 monthly. The local economy reflects a steady appreciation rate, making it an attractive option for long-term gains.

8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Merrionette Park is approximately $1,200 per month, making it an affordable option for renters and investors alike.

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