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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
Fix & Flip
Listed for sale 1 day ago
$ 299,900
ROI
29.5
Cash Flow/m
809- 3 Bed
- 3 Bath
- 2484 sft
2337 Valley View Ln, Park Forest, IL, 60466
Listed for sale 1 day ago
$ 159,000
ROI
23.1Cash Flow/m
149- 2 Bed
- 1 Bath
- 949 sft
363 Minocqua St, Park Forest, IL, 60466
Listed for sale 1 day ago
$ 164,900
ROI
22.9Cash Flow/m
142- 3 Bed
- 1 Bath
- 1092 sft
118 Well St, Park Forest, IL, 60466
Fix & Flip
Listed for sale 2 days ago
$ 209,900
ROI
20.7Cash Flow/m
55- 3 Bed
- 2 Bath
- 1200 sft
305 Winnebago St, 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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