Under $500K Investment Properties for Sale in Chicago Heights, IL
Listed for sale today
$ 199,900
ROI
21.9
Cash Flow/m
116- 3 Bed
- 2 Bath
- 1300 sft
116 Elder Ave, Chicago Heights, IL, 60411
Listed for sale 1 day ago
$ 239,900
ROI
25.3Cash Flow/m
370- 3 Bed
- 2 Bath
- 1249 sft
174 Linden Ln, Chicago Heights, IL, 60411
Listed for sale 2 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 3 days ago
$ 310,000
ROI
24.5Cash Flow/m
406- 5 Bed
- 3 Bath
- 2556 sft
629 De Angelis Ct, 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.
Find Your Perfect Investment Property in Chicago Heights, Illinois
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