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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Milan, IL
Motivated Seller
$ 110,000
ROI
23.4
Cash Flow/m
111- - Bed
- - Bath
- 1008 sft
517 2nd St W, Milan, IL, 61264
Fix & Flip
$ 139,900
ROI
22.2Cash Flow/m
96- 3 Bed
- 1 Bath
- 925 sft
819 3rd Ave E, Milan, IL, 61264
$ 119,900
ROI
27.1Cash Flow/m
244- 2 Bed
- 1 Bath
- 768 sft
1722 114th Ave, Milan, IL, 61264
Fix & Flip
$ 139,000
ROI
22.9Cash Flow/m
121- 3 Bed
- 2 Bath
- 1380 sft
828 4th Ave E, Milan, IL, 61264
Why Invest in Milan, Illinois?
Investing in Illinois real estate presents numerous opportunities, particularly for properties under $200,000. The state's diverse economy and accessible location make it a prime choice for those seeking affordable investment options with potential for cash flow. With a rental yield hovering around 7%, investors can benefit from stable returns in this market.
12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Illinois offers a diverse market with affordable investment options, particularly in the under $200,000 category. The potential for cash flow and strong rental yields makes it an attractive location for investors.
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