Under $300K Investment Properties for Sale in Summit, IL
Fix & Flip
$ 289,000
ROI
23.6
Cash Flow/m
310- 5 Bed
- 3 Bath
- - sft
7439 W 56th St, Summit, IL, 60501
Fix & Flip
$ 219,900
ROI
25.2Cash Flow/m
335- 4 Bed
- 1 Bath
- 965 sft
6061 S 74th Ct, Summit, IL, 60501
$ 250,000
ROI
21.6Cash Flow/m
126- 3 Bed
- 2 Bath
- 900 sft
6057 S 75th Ct, Summit, IL, 60501
$ 260,000
ROI
20.2Cash Flow/m
30- 4 Bed
- 2 Bath
- 1311 sft
7458 W 64th Pl, Summit, IL, 60501
Why Invest in Summit, Illinois?
Investing in properties under $300k in Illinois offers a unique opportunity for potential investors. With an average ROI of 8% and a rental yield of 7%, this market presents attractive returns for rental properties. The area sees a steady appreciation rate of 4%, making it an appealing option for long-term investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Illinois, you can find a variety of properties under $300k, including single-family homes, townhouses, and condominiums. These options cater to different buyer needs and investment strategies.
Find Your Perfect Investment Property in Summit, Illinois
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