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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
$ 165,000
ROI
23.1
Cash Flow/m
154- 3 Bed
- 1 Bath
- 1131 sft
214 8th St E, Milan, IL, 61264
$ 165,000
ROI
22.2Cash Flow/m
111- 3 Bed
- 2 Bath
- 1491 sft
7509 24th St, Milan, IL, 61264
$ 169,500
ROI
22.8Cash Flow/m
145- 3 Bed
- 1 Bath
- - sft
517 Bruce Ave, Milan, IL, 61264
$ 119,900
ROI
22.8Cash Flow/m
102- 3 Bed
- 1 Bath
- 952 sft
450 7th St 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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