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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Des Plaines, IL
Listed for sale today
$ 369,000
ROI
27.2
Cash Flow/m
760- 3 Bed
- 2 Bath
- 2300 sft
310 Harvard St, Des Plaines, IL, 60016
Listed for sale today
$ 474,900
ROI
25.0Cash Flow/m
691- 3 Bed
- 3 Bath
- 1758 sft
775 Lee St, Des Plaines, IL, 60016
Listed for sale 1 day ago
$ 435,000
ROI
30.2Cash Flow/m
1266- 4 Bed
- 2 Bath
- 1620 sft
942 W Villa Dr, Des Plaines, IL, 60016
Listed for sale 1 day ago
$ 251,000
ROI
20.3Cash Flow/m
39- 3 Bed
- 2 Bath
- 1152 sft
1370 Fargo Ave APT E, Des Plaines, IL, 60018
Why Invest in Des Plaines, Illinois?
Des Plaines, IL offers strong investment potential in properties under $500k, with median home values around $326k-$390k providing accessible entry points.[3][2] Annual appreciation has reached 4-11.5% year-over-year, supporting long-term growth.[1][2] Renter-occupied rates remain solid at 35%, with average rents competitive in this Chicago suburb. Buyers' market conditions favor investors seeking cash flow in single-family homes under budget.
6.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
6.8%
1Y Appreciation
Frequently Asked Questions
Median sale prices range from $326k to $390k, ideal for investors targeting under $500k properties. Many single-family homes fit this budget with strong appreciation potential. Buyers' market conditions offer negotiation room.
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