Investment Properties Under $500K in Chatham, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

Property at 1508 Ptarmigan Dr, Chatham, IL
Listed for sale today
$ 310,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign439
  • 3 Bed
  • 3 Bath
  • 2251 sft
1508 Ptarmigan Dr, Chatham, IL, 62629
Property at 94 Downing Dr, Chatham, IL
Listed for sale today
$ 245,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign32
  • 3 Bed
  • 3 Bath
  • 2551 sft
94 Downing Dr, Chatham, IL, 62629
Property at 306 Willow Glen Way, Chatham, IL
$ 239,900
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign45
  • 4 Bed
  • 2 Bath
  • 1541 sft
306 Willow Glen Way, Chatham, IL, 62629
Property at 1613 Chriswell Gdns, Chatham, IL
$ 395,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign170
  • 4 Bed
  • 3 Bath
  • 2336 sft
1613 Chriswell Gdns, Chatham, IL, 62629

Why Invest in Chatham, Illinois?

Investing in Chatham, Illinois offers excellent opportunities for properties under $500k. The area shows a steady appreciation trend with an average rental yield of 6.5%, making it an attractive option for new and seasoned investors alike. The cap rate stands at 7.2%, allowing owners to realize decent cash flow from rental properties in the region.

12%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

In Chatham, single-family homes and townhouses are the most popular property types for investors under $500k. These properties attract a mix of families and young professionals seeking affordable living.

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