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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Chicago Heights, IL
Listed for sale today
$ 159,900
ROI
23.7
Cash Flow/m
174- 3 Bed
- 1 Bath
- 913 sft
591 Andover St, Chicago Heights, IL, 60411
Listed for sale 1 day ago
$ 193,900
ROI
23.8Cash Flow/m
215- 2 Bed
- 1 Bath
- 1386 sft
216 Leonard St, Chicago Heights, IL, 60411
Listed for sale 3 days ago
$ 109,900
ROI
23.1Cash Flow/m
103- 3 Bed
- 2 Bath
- 1377 sft
1946 Beacon Ct, Chicago Heights, IL, 60411
Listed for sale 3 days ago
$ 192,000
ROI
22.8Cash Flow/m
161- 3 Bed
- 1 Bath
- 1140 sft
(Undisclosed Address), Chicago Heights, IL, 60411
Why Invest in Chicago Heights, Illinois?
Investing in properties under $200k in Chicago Heights offers an excellent opportunity for investors seeking affordable entry points. With an average rental yield of 7.5% and a strong cap rate of 9%, this market presents a promising pathway for long-term financial growth. The city's historical appreciation rate of 3% further supports the investment potential, making it a viable choice for rental income and asset value growth.
8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Chicago Heights is approximately $1,200 per month, providing a strong rental yield for investors.
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