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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
Currently Rented
$ 165,000
ROI
32.0
Cash Flow/m
562- 5 Bed
- 2 Bath
- - sft
3412 Emerald Ave, Steger, IL, 60475
Fix & Flip
$ 339,500
ROI
20.6Cash Flow/m
75- 3 Bed
- 2 Bath
- 1872 sft
23336 S Kings Rd, Steger, IL, 60475
$ 285,000
ROI
22.1Cash Flow/m
183- 4 Bed
- 3 Bath
- 2254 sft
230 Lakeview Ct, Steger, IL, 60475
$ 167,500
ROI
22.6Cash Flow/m
131- 3 Bed
- 1 Bath
- 1011 sft
253 Tiverton Ln, 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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