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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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?
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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