Under $500K Investment Properties for Sale in Monticello, IL

Property at 35 Lodge Trl, Monticello, IL
$ 380,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign850
  • 4 Bed
  • 3 Bath
  • 1467 sft
35 Lodge Trl, Monticello, IL, 61856
Property at 1020 N Walnut St, Monticello, IL
$ 209,900
ROI
30.0ROI percentage
Cash Flow/m
Dollar sign597
  • 3 Bed
  • 2 Bath
  • 1566 sft
1020 N Walnut St, Monticello, IL, 61856
Property at 2000 Spruce Ln, Monticello, IL
$ 435,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign762
  • 5 Bed
  • 3 Bath
  • 1806 sft
2000 Spruce Ln, Monticello, IL, 61856
Property at 605 Edwards St, Monticello, IL
$ 190,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign164
  • 2 Bed
  • 2 Bath
  • 1310 sft
605 Edwards St, Monticello, IL, 61856

Why Invest in Monticello, Illinois?

Investing in Monticello, IL, offers opportunities for properties under $500k. With a steady appreciation rate and a relatively low entry point, this area attracts both new and seasoned investors. The rental market here shows promise with a strong rental yield and low vacancy rates, making it a savvy choice for building wealth.

7%
Avg. ROI
8%
Rental Yield
5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for a property in Monticello, IL is around $1,200, making it an affordable option for many renters.

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