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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Chicago Ridge, IL
$ 199,990
ROI
23.8
Cash Flow/m
223- 2 Bed
- 2 Bath
- 1150 sft
9654 Nottingham Ave APT 1A, Chicago Ridge, IL, 60415
$ 199,999
ROI
23.1Cash Flow/m
187- 2 Bed
- 1 Bath
- 900 sft
7101 Oconnell Dr APT 2C, Chicago Ridge, IL, 60415
$ 174,000
ROI
34.8Cash Flow/m
727- 2 Bed
- 1 Bath
- 942 sft
9812 Sayre Ave APT 3e, Chicago Ridge, IL, 60415
$ 195,000
ROI
25.1Cash Flow/m
292- 2 Bed
- 2 Bath
- 1200 sft
10516 Ridge Cove Dr APT 25C, Chicago Ridge, IL, 60415
Why Invest in Chicago Ridge, Illinois?
Investing in properties under $200,000 in Chicago Ridge presents a promising opportunity for aspiring real estate investors. With a strong local rental market and competitive cap rates, this suburb is becoming increasingly attractive for both new and seasoned investors. Chicago Ridge offers a combination of affordable housing options and robust investor returns, making it an ideal market to consider.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Focusing on properties under $200k can yield high rental returns and stability in this suburb. Investors should also consider the local rental market trends and keep an eye on vacancy rates.
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