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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
Fix & Flip
Listed for sale today
$ 192,000
ROI
26.0
Cash Flow/m
331- 2 Bed
- 2 Bath
- 18497 sft
10532 Ridge Cove Dr APT 27A, Chicago Ridge, IL, 60415
Listed for sale 6 days ago
$ 220,000
ROI
25.2Cash Flow/m
334- 2 Bed
- 2 Bath
- 1100 sft
7006 98th St APT 1B, Chicago Ridge, IL, 60415
Listed for sale 7 days ago
$ 267,900
ROI
20.2Cash Flow/m
31- 3 Bed
- 2 Bath
- 1350 sft
6048 Washington St, Chicago Ridge, IL, 60415
$ 329,900
ROI
19.8Cash Flow/m
8- 3 Bed
- 2 Bath
- 1093 sft
10345 Barnard Dr, 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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