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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mokena, IL

Listed for sale today
$ 415,000
ROI
21.3
Cash Flow/m
175- 3 Bed
- 2 Bath
- 1656 sft
19727 Greenview Ave, Mokena, IL, 60448

Listed for sale 6 days ago
$ 250,000
ROI
22.6
Cash Flow/m
200- 2 Bed
- 2 Bath
- 1752 sft
10291 Cambridge Dr, Mokena, IL, 60448

Listed for sale 6 days ago
$ 230,000
ROI
26.0
Cash Flow/m
400- 3 Bed
- 1 Bath
- 1026 sft
19545 116th Ave Unit A, Mokena, IL, 60448

$ 225,900
ROI
25.7
Cash Flow/m
376- 3 Bed
- 1 Bath
- 1104 sft
19532 116th Ave Unit D, Mokena, IL, 60448
Why Invest in Mokena, Illinois?
Investing in Mokena, IL, particularly in properties under $500k, offers a unique opportunity to tap into a growing market. With an average rental yield of 7% and an appreciation rate of 5% annually, investors can expect decent returns in a suburban area that's increasingly desirable for families. The current vacancy rate is at a mere 4%, indicating strong demand for rental properties.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
As of now, the average home price in Mokena is around $450,000, making it an attractive market for first-time buyers and investors. There are opportunities to find homes under $500k in this growing community.
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