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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
$ 175,000
ROI
22.6
Cash Flow/m
139- 3 Bed
- 2 Bath
- - sft
7324 S Calumet Ave, Chicago, IL, 60619

Listed for sale today
$ 187,000
ROI
22.3
Cash Flow/m
134- 3 Bed
- 3 Bath
- 1406 sft
10952 S Emerald Ave, Chicago, IL, 60628

Listed for sale today
$ 140,000
ROI
22.0
Cash Flow/m
88- 3 Bed
- 2 Bath
- 969 sft
1213 W 96th St, Chicago, IL, 60643

Listed for sale today
$ 169,900
ROI
22.2
Cash Flow/m
116- 4 Bed
- 3 Bath
- 1339 sft
8827 S Halsted 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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