Under $200K Investment Properties for Sale in Chicago Heights, IL
Listed for sale 1 day ago
$ 199,900
ROI
23.5
Cash Flow/m
207- 3 Bed
- 2 Bath
- 1300 sft
116 Elder Ave, Chicago Heights, IL, 60411
Listed for sale 3 days ago
$ 198,000
ROI
32.3Cash Flow/m
689- 5 Bed
- 2 Bath
- - sft
63 W 15th St, Chicago Heights, IL, 60411
Listed for sale 4 days ago
$ 190,000
ROI
23.6Cash Flow/m
204- 3 Bed
- 2 Bath
- 1200 sft
93 E Craig Dr, Chicago Heights, IL, 60411
Listed for sale 6 days ago
$ 179,900
ROI
22.8Cash Flow/m
151- 2 Bed
- 2 Bath
- 1114 sft
175 Martin Ln, 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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