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

Listed for sale today
$ 339,900
ROI
25.3
Cash Flow/m
522- 3 Bed
- 2 Bath
- 1344 sft
12215 S 45th Ave, Alsip, IL, 60803

Listed for sale today
$ 389,000
ROI
21.4
Cash Flow/m
182- 3 Bed
- 2 Bath
- 1916 sft
5840 W 126th St, Alsip, IL, 60803

Listed for sale 1 day ago
$ 384,900
ROI
21.7
Cash Flow/m
210- 3 Bed
- 2 Bath
- 1427 sft
11942 S Lawler Ave, Alsip, IL, 60803

Listed for sale 6 days ago
$ 354,900
ROI
26.8
Cash Flow/m
694- 3 Bed
- 2 Bath
- 2003 sft
11748 S Laporte Ave, Alsip, IL, 60803
Why Invest in Alsip, Illinois?
Investing in Alsip, IL, under $500k offers a strong opportunity for real estate investors looking for affordable properties with favorable returns. The area boasts steady demand for rental units, contributing to a competitive rental market. With an average rental yield above the national average and consistent property appreciation, investors can see promising returns on investment.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$200/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
In Alsip, you can find a variety of properties including single-family homes, townhouses, and condos. Many of these properties are well-suited for both first-time buyers and investors looking for rental opportunities.
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