Under $500K Investment Properties for Sale in Chatham, IL
Listed for sale 5 days ago
$ 395,000
ROI
28.3
Cash Flow/m
943- 3 Bed
- 4 Bath
- 3774 sft
306 Dover Dr, Chatham, IL, 62629
$ 339,900
ROI
25.4Cash Flow/m
528- 4 Bed
- 3 Bath
- 2237 sft
148 Parkway Dr, Chatham, IL, 62629
$ 399,900
ROI
19.9Cash Flow/m
10- 4 Bed
- 3 Bath
- 3203 sft
415 Piazza Ln, Chatham, IL, 62629
$ 369,000
ROI
22.7Cash Flow/m
300- 4 Bed
- 3 Bath
- 2208 sft
1625 Chancelor Pl, 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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