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 (Undisclosed Address), New Lenox, IL
$ 235,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign170
  • 3 Bed
  • 2 Bath
  • 1840 sft
(Undisclosed Address), New Lenox, IL, 60451
Property at 1906 Heatherway Ln Unit 10, New Lenox, IL
$ 269,900
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign656
  • 2 Bed
  • 2 Bath
  • 1200 sft
1906 Heatherway Ln Unit 10, New Lenox, IL, 60451
Property at 417 Manor Ct Unit B, New Lenox, IL
$ 259,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign370
  • 2 Bed
  • 2 Bath
  • 1162 sft
417 Manor Ct Unit B, New Lenox, IL, 60451
Property at 230 W Joliet Hwy, New Lenox, IL
$ 265,900
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign53
  • 2 Bed
  • 1 Bath
  • - sft
230 W Joliet Hwy, 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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