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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
21.5
Cash Flow/m
161- 3 Bed
- 1 Bath
- 988 sft
810 Revere Rd, South Elgin, IL, 60177

Listed for sale 4 days ago
$ 275,000
ROI
23.2
Cash Flow/m
267- 2 Bed
- 2 Bath
- 1830 sft
1207 Sandhurst Ln #C, South Elgin, IL, 60177

Listed for sale 5 days ago
$ 214,900
ROI
24.1
Cash Flow/m
259- 2 Bed
- 1 Bath
- 1164 sft
714 Division St #G1-g2, South Elgin, IL, 60177

Listed for sale 6 days ago
$ 299,000
ROI
20.5
Cash Flow/m
60- 2 Bed
- 3 Bath
- 1521 sft
99 Ione Dr Unit B, 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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