Investment Properties Under $500K in Chicago Ridge, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Chicago Ridge, IL

Property at 10524 Ridge Cove Dr APT 25B, Chicago Ridge, IL
Listed for sale 1 day ago
$ 245,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign369
  • 2 Bed
  • 2 Bath
  • 1200 sft
10524 Ridge Cove Dr APT 25B, Chicago Ridge, IL, 60415
Property at 6176 Washington St, Chicago Ridge, IL
Fix & Flip
$ 265,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign55
  • 3 Bed
  • 1 Bath
  • - sft
6176 Washington St, Chicago Ridge, IL, 60415
Property at 11044 S Menard Ave, Chicago Ridge, IL
$ 269,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign69
  • 3 Bed
  • 1 Bath
  • 1054 sft
11044 S Menard Ave, Chicago Ridge, IL, 60415
Property at 10741 Mason Ave, Chicago Ridge, IL
$ 315,000
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign809
  • 3 Bed
  • 2 Bath
  • 1450 sft
10741 Mason Ave, Chicago Ridge, IL, 60415

Why Invest in Chicago Ridge, Illinois?

Investors looking for properties under $500k in Chicago Ridge, IL, will find an appealing opportunity in a growing suburb. With a positive rental yield and a steady appreciation rate, this area is favorable for long-term investment. The community's accessibility and local amenities make it attractive for renters, leading to strong cash flow potential.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Average rental rates in Chicago Ridge hover around $1500 per month, depending on property size and location. This competitive pricing attracts a diverse tenant base.

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