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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
Listed for sale 5 days ago
$ 349,900
ROI
23.3
Cash Flow/m
344- 3 Bed
- 2 Bath
- 1619 sft
11022 Massasoit Ave, Chicago Ridge, IL, 60415
$ 199,990
ROI
23.8Cash 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
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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