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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Steger, IL
$ 219,900
ROI
24.1
Cash Flow/m
269- 2 Bed
- 1 Bath
- 1250 sft
507 Richton Rd, Steger, IL, 60475
$ 230,000
ROI
28.6Cash Flow/m
565- 4 Bed
- 2 Bath
- 1892 sft
3519 Peoria St, Steger, IL, 60475
$ 165,000
ROI
22.9Cash Flow/m
143- 2 Bed
- 1 Bath
- 709 sft
3229 Sangamon St, Steger, IL, 60475
Fix & Flip
$ 312,000
ROI
20.6Cash Flow/m
77- 4 Bed
- 3 Bath
- 2365 sft
22503 S State St, Steger, IL, 60475
Why Invest in Steger, Illinois?
Investing in Steger, IL presents an opportunity for properties under $500,000. With a favorable average cash flow and a steady rental yield, this area is attractive for both new and seasoned investors. The strong community growth and rising local amenities contribute to an increasing demand for rental housing in the region.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Steger, IL is approximately $1,200, making it an affordable option for renters.
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