Under $500K Investment Properties for Sale in Chicago Ridge, IL
Listed for sale 6 days ago
$ 225,000
ROI
20.2
Cash Flow/m
29- 3 Bed
- 1 Bath
- 1037 sft
6508 103rd St, Chicago Ridge, IL, 60415
$ 349,900
ROI
25.6Cash Flow/m
567- 3 Bed
- 2 Bath
- 1505 sft
6606 102nd Pl, Chicago Ridge, IL, 60415
$ 199,000
ROI
22.7Cash Flow/m
165- 2 Bed
- 2 Bath
- 1000 sft
(Undisclosed Address), Chicago Ridge, IL, 60415
$ 345,000
ROI
26.0Cash Flow/m
601- 3 Bed
- 3 Bath
- 1200 sft
10801 Menard 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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