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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Monee, IL
Listed for sale 6 days ago
$ 207,000
ROI
32.3
Cash Flow/m
724- 3 Bed
- 2 Bath
- - sft
5448 W Mill St, Monee, IL, 60449
$ 229,900
ROI
24.8Cash Flow/m
325- 2 Bed
- 3 Bath
- 1625 sft
5613 W Von Ave Unit C, Monee, IL, 60449
$ 109,900
ROI
22.3Cash Flow/m
78- 3 Bed
- 2 Bath
- 2438 sft
5418 W Margaret St, Monee, IL, 60449
$ 239,500
ROI
27.2Cash Flow/m
499- 2 Bed
- 2 Bath
- 1184 sft
5203 W Court St, Monee, IL, 60449
Why Invest in Monee, Illinois?
Investing in real estate in Illinois, particularly properties priced under $300k, opens a doorway to affordable opportunities. With an average appreciation rate of 3.5% and rental yields around 6.8%, this market attracts a diverse investor base looking for solid returns. As job growth continues at a steady pace, investors can find stability in their cash flow and investment strategies.
7%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Illinois present affordable entry points for investors, offering solid rental yields and appreciation potential. They provide opportunities to diversify portfolios in a stable market.
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