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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Wheeling, IL
Fix & Flip
Listed for sale today
$ 345,000
ROI
23.8
Cash Flow/m
384- 3 Bed
- 3 Bath
- 1900 sft
742 River Mill Pkwy, Wheeling, IL, 60090
Listed for sale 6 days ago
$ 360,000
ROI
22.1Cash Flow/m
238- 3 Bed
- 2 Bath
- - sft
483 Rustic Dr, Wheeling, IL, 60090
Listed for sale 7 days ago
$ 325,000
ROI
25.4Cash Flow/m
509- 2 Bed
- 3 Bath
- - sft
812 Maple Ln, Wheeling, IL, 60090
Fix & Flip
$ 270,000
ROI
23.4Cash Flow/m
272- 3 Bed
- 2 Bath
- 1490 sft
404 Jerome Pl, Wheeling, IL, 60090
Why Invest in Wheeling, Illinois?
Wheeling, IL presents a prime opportunity for real estate investors looking to capitalize on the rental market. With a rising demand for rental properties and an average rental yield of 6.5%, investors can enjoy substantial returns. The suburban charm and proximity to Chicago make Wheeling an attractive destination for renters, leading to a competitive cap rate of 7.2%.
12%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Wheeling, IL is approximately $1,500, making it competitive within the suburban rental market.
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