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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
Fix & Flip
Rental Income
Listed for sale today
$ 180,000
ROI
22.8
Cash Flow/m
151- 3 Bed
- 2 Bath
- 1056 sft
10516 S Avenue L, Chicago, IL, 60617
Listed for sale today
$ 169,000
ROI
21.9Cash Flow/m
100- 4 Bed
- 2 Bath
- 1058 sft
11246 S Indiana Ave, Chicago, IL, 60628
Listed for sale 1 day ago
$ 129,900
ROI
22.8Cash Flow/m
110- 3 Bed
- 1 Bath
- 1020 sft
12209 S State St, Chicago, IL, 60628
Fix & Flip
Listed for sale 1 day ago
$ 145,000
ROI
32.3Cash Flow/m
508- 5 Bed
- 2 Bath
- - sft
6027 S Loomis Blvd, Chicago, IL, 60636
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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