Under $200K Investment Properties for Sale in Chicago, IL

Listed for sale today
$ 129,000
ROI
22.8
Cash Flow/m
107- 3 Bed
- 1 Bath
- 1076 sft
7608 S Bishop St, Chicago, IL, 60620

Listed for sale today
$ 130,000
ROI
22.3
Cash Flow/m
93- 2 Bed
- 2 Bath
- 906 sft
6608 S Claremont Ave, Chicago, IL, 60636

Listed for sale today
$ 169,999
ROI
22.0
Cash Flow/m
107- 2 Bed
- 1 Bath
- 816 sft
7025 W 73rd Pl, Chicago, IL, 60638

Currently Rented
Motivated Seller
Rental Income
+ 1 more
$ 182,000
ROI
23.4
Cash Flow/m
183- 3 Bed
- 1 Bath
- 1136 sft
8520 S Laflin St, Chicago, IL, 60620
Why Invest in Chicago, Illinois?
Chicago's under $200k properties offer accessible entry points for savvy investors seeking high cash flow in a major metro. Stable rental demand from diverse workforce supports strong yields. With cap rates around 8-10% and annual appreciation of 4%, these budget buys deliver solid returns. Renter-occupied units exceed 50%, minimizing vacancy risks. Economic resilience and infrastructure growth enhance long-term value.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, over 1,000 listings exist for single-family homes, condos, and multifamily under $200k. These suit cash-flow strategies in renter-heavy neighborhoods. Focus on South and West sides for best value.
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