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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 today
$ 148,500
ROI
22.8
Cash Flow/m
126- 2 Bed
- 1 Bath
- 1309 sft
336 Mohawk St, Park Forest, IL, 60466

Fix & Flip
Listed for sale today
$ 199,999
ROI
23.4
Cash Flow/m
200- 4 Bed
- 2 Bath
- 1470 sft
226 S Orchard Dr, Park Forest, IL, 60466

Fix & Flip
Listed for sale 2 days ago
$ 170,000
ROI
23.5
Cash Flow/m
177- 4 Bed
- 2 Bath
- 1590 sft
136 Well St, Park Forest, IL, 60466

Listed for sale 2 days ago
$ 159,000
ROI
22.2
Cash Flow/m
109- 4 Bed
- 1 Bath
- 1060 sft
264 Arcadia 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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