Under $500K Investment Properties for Sale in Pekin, IL
Listed for sale today
$ 219,900
ROI
24.5
Cash Flow/m
293- 3 Bed
- 3 Bath
- 2079 sft
1700 Crescent Dr, Pekin, IL, 61554
Listed for sale 2 days ago
$ 149,900
ROI
22.0Cash Flow/m
95- 3 Bed
- 1 Bath
- 1053 sft
1710 Heisel Ave, Pekin, IL, 61554
Listed for sale 2 days ago
$ 239,900
ROI
20.3Cash Flow/m
39- 5 Bed
- 3 Bath
- 2400 sft
1208 Timber Ln, Pekin, IL, 61554
Fix & Flip
Listed for sale 4 days ago
$ 249,900
ROI
28.0Cash Flow/m
572- 4 Bed
- 2 Bath
- 1968 sft
1927 Saint Clair Dr, Pekin, IL, 61554
Why Invest in Pekin, Illinois?
Investing in Pekin, IL, offers a unique opportunity for those looking for properties under $500,000. With a competitive rental market and strong appreciation potential, investors can benefit from positive cash flow and favorable cap rates. The city is characterized by its affordable housing and a healthy demand for rentals, making it an attractive choice for both new and seasoned investors.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Pekin, IL is approximately $1,200 per month, making it an affordable option for many renters.
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