Under $500K Investment Properties for Sale in Mount Prospect, IL
Listed for sale today
$ 369,000
ROI
22.7
Cash Flow/m
303- 2 Bed
- 1 Bath
- 1220 sft
10 S Wille St APT 303, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 327,900
ROI
22.5Cash Flow/m
251- 3 Bed
- 2 Bath
- 1150 sft
6 Judith Ann Dr, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 424,900
ROI
24.8Cash Flow/m
593- 3 Bed
- 2 Bath
- 1388 sft
1409 W Willow Ln, Mount Prospect, IL, 60056
Listed for sale 1 day ago
$ 274,900
ROI
20.8Cash Flow/m
80- 2 Bed
- 2 Bath
- 1200 sft
1400 N Elmhurst Rd APT 119, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in Mount Prospect, IL, offers exceptional opportunities for properties under $500k. With a rental yield of around 6% and an average ROI of 10%, this suburban area attracts renters and provides a stable market for investors. Additionally, property appreciation is projected at 5% annually, making it a sound choice for long-term investment.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Mount Prospect are around $1,800 per month, making it a competitive market for both renters and landlords.
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