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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 1 day ago
$ 300,000
ROI
20.7
Cash Flow/m
80- 3 Bed
- 2 Bath
- - sft
315 Thornwood Way Unit B, South Elgin, IL, 60177
Listed for sale 2 days ago
$ 229,900
ROI
22.0Cash Flow/m
145- 2 Bed
- 2 Bath
- 1116 sft
295 Woodridge Cir Unit D, South Elgin, IL, 60177
Listed for sale 3 days ago
$ 340,000
ROI
23.9Cash Flow/m
394- 2 Bed
- 3 Bath
- 1495 sft
1563 Deer Pointe Dr, South Elgin, IL, 60177
Fix & Flip
Listed for sale 3 days ago
$ 225,000
ROI
28.6Cash Flow/m
555- 3 Bed
- 1 Bath
- 812 sft
274 Kossuth St, 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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