Under $500K Investment Properties for Sale in Mokena, IL
Listed for sale today
$ 409,999
ROI
25.4
Cash Flow/m
639- 3 Bed
- 3 Bath
- 1984 sft
19529 Clifton Way, Mokena, IL, 60448
Fix & Flip
Listed for sale 4 days ago
$ 275,000
ROI
20.1Cash Flow/m
25- 3 Bed
- 2 Bath
- 2052 sft
12640 W Regan Trl, Mokena, IL, 60448
$ 225,900
ROI
30.1Cash Flow/m
653- 2 Bed
- 1 Bath
- 1363 sft
19635 Mokena St, Mokena, IL, 60448
$ 309,900
ROI
20.6Cash Flow/m
70- 4 Bed
- 2 Bath
- 912 sft
9417 W Hawthorne Ave, 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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