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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Peotone, IL
Listed for sale 1 day ago
$ 349,900
ROI
29.2
Cash Flow/m
919- 3 Bed
- 2 Bath
- 2000 sft
818 W Bonnie Ln, Peotone, IL, 60468
$ 399,000
ROI
30.6Cash Flow/m
1203- 6 Bed
- 2 Bath
- 3000 sft
109 W North St, Peotone, IL, 60468
Fix & Flip
$ 250,000
ROI
20.7Cash Flow/m
66- 3 Bed
- 1 Bath
- - sft
421 E South St, Peotone, IL, 60468
$ 199,000
ROI
21.9Cash Flow/m
120- 2 Bed
- 1 Bath
- 900 sft
207 N Conrad St, Peotone, IL, 60468
Why Invest in Peotone, Illinois?
Peotone, IL, presents a unique opportunity for investors considering multifamily properties. With steady rental demand and an attractive average rent of approximately $1,250, the market showcases a promising rental yield. Investors can expect a cap rate of around 7%, supported by a strong appreciation rate that enhances long-term investment potential. In this growing suburb, over 85% of residences are renter-occupied, indicating a robust market.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Peotone is approximately $1,250, making it a competitive market for potential renters.
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