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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 3 days ago
$ 424,999
ROI
26.2
Cash Flow/m
757- 4 Bed
- 3 Bath
- 2052 sft
3 Ridge Ct, South Elgin, IL, 60177
Listed for sale 4 days ago
$ 289,900
ROI
21.5Cash Flow/m
136- 2 Bed
- 2 Bath
- 2150 sft
319 Windsor Ct Unit B, South Elgin, IL, 60177
Listed for sale 5 days ago
$ 224,365
ROI
23.9Cash Flow/m
259- 2 Bed
- 1 Bath
- 1164 sft
695 Dean Dr APT G, South Elgin, IL, 60177
Listed for sale 5 days ago
$ 419,900
ROI
23.5Cash Flow/m
442- 4 Bed
- 4 Bath
- 1723 sft
19 Longview Ct, 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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