Under $500K Investment Properties for Sale in Wheeling, IL
Listed for sale 2 days ago
$ 299,900
ROI
28.2
Cash Flow/m
707- 3 Bed
- 2 Bath
- 1100 sft
540 W Lodge Trl APT G, Wheeling, IL, 60090
Listed for sale 5 days ago
$ 339,900
ROI
27.2Cash Flow/m
702- 3 Bed
- 2 Bath
- 1223 sft
16 W Jeffery Ave, Wheeling, IL, 60090
Listed for sale 6 days ago
$ 339,000
ROI
22.3Cash Flow/m
240- 2 Bed
- 3 Bath
- 1400 sft
792 River Mill Pkwy, Wheeling, IL, 60090
Fix & Flip
Listed for sale 6 days ago
$ 375,000
ROI
24.2Cash Flow/m
459- 3 Bed
- 1 Bath
- 1033 sft
200 W Jeffery Ave, Wheeling, IL, 60090
Why Invest in Wheeling, Illinois?
Investing in Wheeling, IL, offers excellent opportunities to acquire properties under $500k with strong fundamentals. The area boasts a stable rental market, making it appealing for investors seeking reliable cash flow and appreciation potential. With an average rent nearing $1,800 and a notable renter occupancy rate at 95%, Wheeling stands out for investors looking at positive cash flow and manageable investment risks.
7.5%
Avg. ROI
6.2%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Wheeling, IL, are approximately $1,800, making it an attractive location for investors looking for solid cash flow.
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