Under $500K Investment Properties for Sale in Rantoul, IL

Fix & Flip
$ 139,000
ROI
27.4
Cash Flow/m
293- 3 Bed
- 1 Bath
- 900 sft
705 Illinois Dr, Rantoul, IL, 61866

Fix & Flip
$ 100,000
ROI
29.3
Cash Flow/m
266- 2 Bed
- 2 Bath
- 1305 sft
333 W Champaign Ave, Rantoul, IL, 61866

$ 289,000
ROI
25.8
Cash Flow/m
483- 4 Bed
- 3 Bath
- 2433 sft
365 Highland Dr, Rantoul, IL, 61866

Fix & Flip
$ 200,000
ROI
29.6
Cash Flow/m
546- 4 Bed
- 2 Bath
- 1907 sft
814 Pinecrest Dr, Rantoul, IL, 61866
Why Invest in Rantoul, Illinois?
Investing in Rantoul, IL, can be a smart move, especially for properties under $500k. This area has seen stable real estate trends with average rents hovering around $1,200 and a rental yield of approximately 8%. With a growing renter-occupied rate nearing 60%, there are ample opportunities for consistent cash flow.
12%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Rantoul is around $1,200, making it an affordable option for renters looking for quality housing.
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