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

Listed for sale 5 days ago
$ 334,876
ROI
25.6
Cash Flow/m
543- 3 Bed
- 2 Bath
- 1312 sft
205 N Buckeye St, Waterman, IL, 60556

$ 219,900
ROI
20.5
Cash Flow/m
44- 3 Bed
- 1 Bath
- 1000 sft
116 N Hickory St, Waterman, IL, 60556

$ 325,000
ROI
28.4
Cash Flow/m
781- 3 Bed
- 3 Bath
- 2082 sft
703 Kennedy St, Waterman, IL, 60556

$ 335,000
ROI
27.4
Cash Flow/m
711- 3 Bed
- 3 Bath
- 2320 sft
802 Wilson St, Waterman, IL, 60556
Why Invest in Waterman, Illinois?
Investing in properties under $500k in Illinois offers a unique opportunity for real estate investors. With favorable market conditions and a growing population, you can benefit from a robust rental market and significant appreciation potential in many areas. Illinois continues to show promise for steady cash flow and competitive cap rates, making it an attractive choice for your portfolio.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Property prices in Waterman, IL, vary, but many options are available under $500k, making it an attractive market for first-time investors and families.
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