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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
$ 189,900
ROI
23.4
Cash Flow/m
193- 2 Bed
- 2 Bath
- 1000 sft
7112 99th St APT 309, Chicago Ridge, IL, 60415
$ 199,000
ROI
23.9Cash Flow/m
230- 2 Bed
- 2 Bath
- 1150 sft
9654 Nottingham Ave APT 1C, Chicago Ridge, IL, 60415
$ 199,000
ROI
24.4Cash Flow/m
256- 2 Bed
- 2 Bath
- 1100 sft
10538 Central Ave #1, Chicago Ridge, IL, 60415
Fix & Flip
$ 192,000
ROI
26.0Cash Flow/m
331- 2 Bed
- 2 Bath
- 18497 sft
10532 Ridge Cove Dr APT 27A, 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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