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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Park Forest, IL
Listed for sale 1 day ago
$ 205,000
ROI
20.7
Cash Flow/m
54- 4 Bed
- 2 Bath
- 1349 sft
197 Washington St, Park Forest, IL, 60466
Listed for sale 2 days ago
$ 199,970
ROI
22.6Cash Flow/m
158- 4 Bed
- 2 Bath
- 1349 sft
406 Winnebago St, Park Forest, IL, 60466
Listed for sale 3 days ago
$ 230,000
ROI
20.4Cash Flow/m
38- 3 Bed
- 2 Bath
- 1500 sft
120 Westwood Dr, Park Forest, IL, 60466
Fix & Flip
Listed for sale 3 days ago
$ 199,999
ROI
22.9Cash Flow/m
176- 3 Bed
- 2 Bath
- 1939 sft
287 Rich Rd, Park Forest, IL, 60466
Why Invest in Park Forest, Illinois?
Investing in Park Forest, IL, particularly for properties under $500k, offers a unique opportunity for real estate investors. With a range of affordable housing options and a stable rental market, this area presents a solid investment prospect. The town's economic growth coupled with a low cost of living makes it attractive for both renters and investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Park Forest currently falls under $500k, making it an attractive option for first-time buyers and real estate investors.
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