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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 2 days ago
$ 149,900
ROI
22.9
Cash Flow/m
129- 3 Bed
- 1 Bath
- 919 sft
1941 Cambridge St, Chicago Heights, IL, 60411
Fix & Flip
$ 175,000
ROI
23.5Cash Flow/m
182- 4 Bed
- 2 Bath
- 2000 sft
248 W Elmwood Dr, Chicago Heights, IL, 60411
Currently Rented
Fix & Flip
Rental Income
$ 199,999
ROI
32.5Cash Flow/m
711- 6 Bed
- 3 Bath
- - sft
(Undisclosed Address), Chicago Heights, IL, 60411
Currently Rented
$ 117,900
ROI
23.1Cash Flow/m
108- 3 Bed
- 2 Bath
- - sft
268 Duke Dr #268, 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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