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

Property at 4 N 279th Ave, Addison, IL
Listed for sale today
$ 389,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign287
  • 3 Bed
  • 2 Bath
  • 1106 sft
4 N 279th Ave, Addison, IL, 60101
Property at 700 N Briar Hill Ln APT 5, Addison, IL
Listed for sale 6 days ago
$ 224,997
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign258
  • 2 Bed
  • 2 Bath
  • - sft
700 N Briar Hill Ln APT 5, Addison, IL, 60101
Property at 43 N Palazzo Dr, Addison, IL
Listed for sale 7 days ago
$ 334,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign315
  • 2 Bed
  • 3 Bath
  • 1231 sft
43 N Palazzo Dr, Addison, IL, 60101
Property at 409 E Cherry Hl, Addison, IL
Listed for sale 7 days ago
$ 415,900
ROI
29.6ROI percentage
Cash Flow/m
Dollar sign1135
  • 4 Bed
  • 2 Bath
  • 1227 sft
409 E Cherry Hl, Addison, IL, 60101

Why Invest in Addison, Illinois?

Investing in Addison, IL, offers great opportunities for properties under $500k. With a favorable rental yield and attractive appreciation rates, this suburban gem provides investors with promising returns. The area's family-friendly environment and proximity to Chicago make it an appealing market for long-term growth.

7.5%
Avg. ROI
6%
Rental Yield
5.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average property price in Addison is approximately $450k, making it an affordable option for investors compared to nearby Chicago.

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