Investment Properties Under $300K in New Lenox, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in New Lenox, IL

Property at 230 W Joliet Hwy, New Lenox, IL
Listed for sale 2 days ago
$ 265,900
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign6
  • 2 Bed
  • 1 Bath
  • - sft
230 W Joliet Hwy, New Lenox, IL, 60451
Property at 214 Manor Dr Unit C, New Lenox, IL
$ 225,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign27
  • 2 Bed
  • 2 Bath
  • 1400 sft
214 Manor Dr Unit C, New Lenox, IL, 60451
Property at 1609 Illini Dr, New Lenox, IL
Fix & Flip
$ 199,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign214
  • 4 Bed
  • 2 Bath
  • 2100 sft
1609 Illini Dr, New Lenox, IL, 60451
Property at 625 Crescenzo Ct Unit B, New Lenox, IL
$ 215,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign146
  • 2 Bed
  • 1 Bath
  • 1200 sft
625 Crescenzo Ct Unit B, New Lenox, IL, 60451

Why Invest in New Lenox, Illinois?

Investing in properties under $300k in New Lenox, IL offers a unique opportunity to enter a growing market with strong rental potential. This suburban area is experiencing increasing demand due to its proximity to Chicago and excellent school systems, making it an ideal location for family rentals. With a favorable cap rate and reasonable property prices, investors can enjoy solid cash flow and appreciation potential.

12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in New Lenox, IL, is around 8%, making it an attractive option for real estate investors.

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