Under $500K 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 11555 S Sacramento Dr, Merrionette Park, IL
$ 375,000
4 bds | 2 ba | 1,715 sqft
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign903
11555 S Sacramento Dr, Merrionette Park, IL, 60803

Why Invest in Merrionette Park, Illinois?

Investing in Merrionette Park, IL, offers great opportunities, especially for properties under $500k. With a decent average cash flow and a favorable rental yield, this area is positioned for steady growth. As a suburban community, it benefits from the amenities of nearby Chicago while maintaining a more affordable market.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Merrionette Park is approximately $1,500 per month, making it an affordable option for renters compared to surrounding areas.

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