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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in South Elgin, IL
Listed for sale today
$ 325,000
ROI
28.5
Cash Flow/m
787- 3 Bed
- 2 Bath
- 1439 sft
1483 N Pembroke Dr, South Elgin, IL, 60177
Listed for sale today
$ 439,000
ROI
22.3Cash Flow/m
309- 5 Bed
- 3 Bath
- 2472 sft
766 Michigan Ave, South Elgin, IL, 60177
Listed for sale 2 days ago
$ 354,000
ROI
22.8Cash Flow/m
299- 3 Bed
- 3 Bath
- 1411 sft
1011 N South Elgin Blvd, South Elgin, IL, 60177
Listed for sale 6 days ago
$ 469,000
ROI
24.4Cash Flow/m
609- 5 Bed
- 3 Bath
- 2050 sft
254 Mayfair Ln, South Elgin, IL, 60177
Why Invest in South Elgin, Illinois?
Investing in South Elgin presents an excellent opportunity, especially for homes under $500k. With competitive rental yields and a growing real estate market, it's an attractive option for investors seeking solid returns in the Chicago metropolitan area.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Property taxes in South Elgin are generally around 2.1% of property value. This can vary, so it's important to consult the local tax assessor for specific information.
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