Investment Properties for Sale in Milan, IL
$ 217,000
ROI
24.9
Cash Flow/m
310- 4 Bed
- 2 Bath
- 1488 sft
1141 6th St W, Milan, IL, 61264
$ 135,000
ROI
20.4Cash Flow/m
24- 2 Bed
- 1 Bath
- 832 sft
416 4th St E, Milan, IL, 61264
$ 155,000
ROI
22.8Cash Flow/m
131- 2 Bed
- 2 Bath
- 1976 sft
10411 Ridgewood Rd, Milan, IL, 61264
$ 130,000
ROI
22.0Cash Flow/m
80- 2 Bed
- 1 Bath
- 1054 sft
11211 Ridgewood Rd, Milan, IL, 61264
Why Invest in Milan, Illinois?
Investing in Milan, Illinois, offers a promising opportunity for real estate investors looking for properties with excellent rental potential. The area's rental market is strong, and the housing market's appreciation rates make it an attractive place for long-term investments.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Milan, IL, is around $1,200 per month, which varies depending on the property type and location within the city. This pricing makes it an attractive option for renters seeking affordability.
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