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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Chicago, IL
Listed for sale today
$ 190,000
ROI
36.0
Cash Flow/m
858- 7 Bed
- 3 Bath
- - sft
6732 S Michigan Ave, Chicago, IL, 60637
Currently Rented
Listed for sale today
$ 185,000
ROI
21.8Cash Flow/m
106- 1 Bed
- 1 Bath
- - sft
1348.5 W Estes Ave #1S, Chicago, IL, 60626
Listed for sale today
$ 199,900
ROI
23.4Cash Flow/m
202- 3 Bed
- 1 Bath
- 986 sft
12725 S Saginaw Ave, Chicago, IL, 60633
Listed for sale today
$ 200,000
ROI
20.1Cash Flow/m
18- 3 Bed
- 1 Bath
- 1320 sft
270 W 16th St, Chicago, IL, 60411
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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