Under $500K Investment Properties for Sale in New Lenox, IL

Property at 631 Vanderbilt Dr, New Lenox, IL
Listed for sale 2 days ago
$ 499,999
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign446
  • 4 Bed
  • 3 Bath
  • 2280 sft
631 Vanderbilt Dr, New Lenox, IL, 60451
Property at 233 E Wood St, New lenox, IL
$ 395,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign157
  • 3 Bed
  • 1 Bath
  • - sft
233 E Wood St, New lenox, IL, 60451
Property at 1229 Andrea Dr, New Lenox, IL
Listed for sale 5 days ago
$ 475,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign598
  • 3 Bed
  • 3 Bath
  • 1623 sft
1229 Andrea Dr, New Lenox, IL, 60451
Property at 159 Thomas Ln, New Lenox, IL
Listed for sale 5 days ago
$ 249,900
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign66
  • 4 Bed
  • 2 Bath
  • 1000 sft
159 Thomas Ln, New Lenox, IL, 60451

Why Invest in New Lenox, Illinois?

Investing in properties under $500k in New Lenox, IL, can yield significant returns. The average rental yield here is quite attractive, combined with a stable market. With a vibrant community and growing employment opportunities, New Lenox is an excellent choice for savvy investors looking for high cash flow in a burgeoning area.

12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average price of homes available in New Lenox under $500k is around $450k, making it accessible for many first-time buyers and investors.

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