Under $200K Investment Properties for Sale in Midlothian, IL

Property at 15045 Springfield Ave, Midlothian, IL
Fix & Flip
Listed for sale 5 days ago
$ 184,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign112
  • 2 Bed
  • 1 Bath
  • - sft
15045 Springfield Ave, Midlothian, IL, 60445
Property at 15239 Hamlin Ave, Midlothian, IL
$ 190,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign158
  • 3 Bed
  • 1 Bath
  • 1194 sft
15239 Hamlin Ave, Midlothian, IL, 60445
Property at 14929 Terrace Ln, Midlothian, IL
$ 185,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign129
  • 3 Bed
  • 1 Bath
  • 1296 sft
14929 Terrace Ln, Midlothian, IL, 60445
Property at 14655 Lamon Ave APT 3S, Midlothian, IL
$ 170,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign110
  • 2 Bed
  • 2 Bath
  • 1000 sft
14655 Lamon Ave APT 3S, Midlothian, IL, 60445

Why Invest in Midlothian, Illinois?

Midlothian, IL presents a unique opportunity for investors looking for properties under $200k. With an attractive rental yield and affordable property prices, the area is ripe for those seeking affordable housing options. Given the current economic conditions, investing here could yield substantial returns.

12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Midlothian is around $1,200, making it an affordable option compared to many neighboring areas.

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