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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Chicago Heights, IL
Listed for sale today
$ 230,000
ROI
26.6
Cash Flow/m
439- 3 Bed
- 2 Bath
- 1070 sft
(Undisclosed Address), Chicago Heights, IL, 60411
Listed for sale 1 day ago
$ 240,000
ROI
33.1Cash Flow/m
891- 4 Bed
- 2 Bath
- - sft
1308 Vincennes Ave, Chicago Heights, IL, 60411
Listed for sale 1 day ago
$ 285,000
ROI
20.5Cash Flow/m
58- 4 Bed
- 3 Bath
- 2400 sft
1328 Otto Blvd, Chicago Heights, IL, 60411
Listed for sale 2 days ago
$ 149,900
ROI
22.9Cash Flow/m
129- 3 Bed
- 1 Bath
- 919 sft
1941 Cambridge St, Chicago Heights, IL, 60411
Why Invest in Chicago Heights, Illinois?
Investing in properties under $500,000 in Chicago Heights, IL, offers incredible opportunities, particularly for those seeking affordable rental options. With a growing population and a rental yield of 6.2%, this city provides an ideal environment for budding investors. Median home prices in the area recently appreciated by 4.5%, highlighting the area's potential for long-term growth.
8%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Chicago Heights is approximately 6.2%, making it an attractive area for investors looking for solid returns on rental properties.
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