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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
Rental Income
Listed for sale today
$ 225,000
ROI
35.7
Cash Flow/m
995- 4 Bed
- 4 Bath
- - sft
1310 Scott Ave, Chicago Heights, IL, 60411
Listed for sale 1 day ago
$ 174,900
ROI
21.9Cash Flow/m
102- 3 Bed
- 1 Bath
- 913 sft
591 Andover St, Chicago Heights, IL, 60411
Listed for sale 2 days ago
$ 305,000
ROI
25.0Cash Flow/m
440- 4 Bed
- 2 Bath
- 1618 sft
432 Winston Ln, Chicago Heights, IL, 60411
Listed for sale 2 days ago
$ 299,900
ROI
25.5Cash Flow/m
476- 5 Bed
- 3 Bath
- 2016 sft
210 W 16th Pl, 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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