Investment Properties for Sale in Savoy, IL

Property at 206 E Tomaras Ave, Savoy, IL
Listed for sale 4 days ago
$ 369,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign599
  • 4 Bed
  • 3 Bath
  • 2151 sft
206 E Tomaras Ave, Savoy, IL, 61874
Property at 508 Wesley Ave, Savoy, IL
$ 299,900
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign320
  • 3 Bed
  • 3 Bath
  • 1643 sft
508 Wesley Ave, Savoy, IL, 61874
Property at 10 Greenfield Ct, Savoy, IL
$ 329,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign95
  • 3 Bed
  • 2 Bath
  • 1769 sft
10 Greenfield Ct, Savoy, IL, 61874
Property at 304 Preston St, Savoy, IL
$ 429,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign221
  • 4 Bed
  • 4 Bath
  • 2027 sft
304 Preston St, Savoy, IL, 61874

Why Invest in Savoy, Illinois?

Savoy, IL presents unique opportunities for investors, especially in multi-family properties. With reasonable rental yields and a steady appreciation rate, it's an appealing market for those looking to enhance their portfolio. This area has been experiencing steady employment growth alongside an influx of renters, making it a solid choice for investment.

8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Savoy is around $1,200 per month, reflecting the stable demand for rental properties in the area.

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