Under $500K Investment Properties for Sale in Park Forest, IL

Property at 108 Shabbona Dr, Park Forest, IL
Listed for sale 1 day ago
$ 149,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign155
  • 3 Bed
  • 1 Bath
  • 1100 sft
108 Shabbona Dr, Park Forest, IL, 60466
Property at 366 Blackhawk Dr, Park Forest, IL
Listed for sale 1 day ago
$ 100,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign103
  • 2 Bed
  • 1 Bath
  • 949 sft
366 Blackhawk Dr, Park Forest, IL, 60466
Property at 431 Neosho St, Park Forest, IL
Listed for sale 1 day ago
$ 165,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign157
  • 2 Bed
  • 1 Bath
  • 950 sft
431 Neosho St, Park Forest, IL, 60466
Property at 62 Marquette St, Park Forest, IL
Listed for sale 2 days ago
$ 184,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign116
  • 4 Bed
  • 2 Bath
  • 1867 sft
62 Marquette 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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