Under $500K Investment Properties for Sale in Steger, IL

Fix & Flip
Listed for sale today
$ 150,000
ROI
23.3
Cash Flow/m
146- 4 Bed
- 2 Bath
- 1250 sft
3045 Morgan St, Steger, IL, 60475

Listed for sale 1 day ago
$ 174,932
ROI
23.0
Cash Flow/m
156- 2 Bed
- 1 Bath
- 1296 sft
3644 Peoria St, Steger, IL, 60475

Listed for sale 1 day ago
$ 215,000
ROI
20.4
Cash Flow/m
37- 3 Bed
- 2 Bath
- - sft
3443 Phillips Ave, Steger, IL, 60475

Listed for sale 4 days ago
$ 166,900
ROI
22.4
Cash Flow/m
122- 3 Bed
- 1 Bath
- 1017 sft
3120 Florence Ave, 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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