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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Chicago Ridge, IL
Listed for sale 1 day ago
$ 245,900
ROI
25.2
Cash Flow/m
369- 2 Bed
- 2 Bath
- 1200 sft
10524 Ridge Cove Dr APT 25B, Chicago Ridge, IL, 60415
Fix & Flip
$ 265,000
ROI
20.5Cash Flow/m
55- 3 Bed
- 1 Bath
- - sft
6176 Washington St, Chicago Ridge, IL, 60415
$ 269,000
ROI
20.7Cash Flow/m
69- 3 Bed
- 1 Bath
- 1054 sft
11044 S Menard Ave, Chicago Ridge, IL, 60415
$ 260,000
ROI
19.9Cash Flow/m
11- 3 Bed
- 1 Bath
- 1000 sft
6243 Birmingham St, Chicago Ridge, IL, 60415
Why Invest in Chicago Ridge, Illinois?
Investing in properties under $300k in Chicago Ridge, IL provides a unique opportunity for real estate investors. With a solid rental yield and potential for future appreciation, it's an ideal market for investors looking to maximize their cash flow. The current economic conditions and increasing demand for affordable housing add to the attractiveness of this area.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Chicago Ridge is around 7.5%, making it an attractive location for real estate investors looking for dependable cash flow.
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