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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Somonauk, IL
Listed for sale 1 day ago
$ 269,000
ROI
22.3
Cash Flow/m
193- 2 Bed
- 2 Bath
- 1200 sft
345B Warren St, Somonauk, IL, 60552
Rental Income
$ 260,000
ROI
20.0Cash Flow/m
19- 4 Bed
- 2 Bath
- 2600 sft
205 S Gage St, Somonauk, IL, 60552
$ 229,000
ROI
19.8Cash Flow/m
4- 2 Bed
- 1 Bath
- 1000 sft
2547 N 4645th Rd #B, Somonauk, IL, 60552
$ 299,900
ROI
27.0Cash Flow/m
604- 3 Bed
- 2 Bath
- 1700 sft
450 W Market St, Somonauk, IL, 60552
Why Invest in Somonauk, Illinois?
Investing in properties under $500k in Illinois can be a smart move given the state’s stable economic environment. With a robust rental market and increasing demand, investors may find attractive opportunities with potential for strong returns. The average ROI stands at around 8%, with a rental yield of approximately 6% and a reasonable cap rate of 7%.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find a variety of properties under $500k including single-family homes, townhouses, and some multi-family units, especially in suburban areas.
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