Under $200K Investment Properties for Sale in Odell, IL
$ 162,500
ROI
27.4
Cash Flow/m
346- 3 Bed
- 1 Bath
- 2178 sft
416 N Spencer St, Odell, IL, 60460
$ 149,500
ROI
28.6Cash Flow/m
367- 3 Bed
- 1 Bath
- 1176 sft
201 W Elk St, Odell, IL, 60460
$ 199,000
ROI
23.6Cash Flow/m
212- 3 Bed
- 2 Bath
- 1786 sft
206 N Wabash St, Odell, IL, 60460
$ 159,900
ROI
23.5Cash Flow/m
166- 4 Bed
- 2 Bath
- 2356 sft
300 N Wolf St, Odell, IL, 60460
Why Invest in Odell, Illinois?
Investing in Illinois offers opportunities under $200k, especially in regions like Odell. The market has shown stability with promising returns and a growing rental demand that appeals to investors. With an average ROI of approximately 7% and a solid appreciation rate, it's a strategic move for those entering real estate investment.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Odell is about $1,500, which remains competitive in the market. This makes it an attractive area for potential renters and investors alike.
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