Under $500K Investment Properties for Sale in Des Plaines, IL
Listed for sale 2 days ago
$ 379,990
ROI
23.6
Cash Flow/m
410- 4 Bed
- 2 Bath
- 1371 sft
51 N Westgate Rd, Des Plaines, IL, 60016
Listed for sale 2 days ago
$ 489,000
ROI
23.5Cash Flow/m
504- 3 Bed
- 3 Bath
- 1645 sft
1150 Evergreen Ave, Des Plaines, IL, 60016
Listed for sale 2 days ago
$ 415,000
ROI
25.3Cash Flow/m
637- 3 Bed
- 2 Bath
- 1015 sft
300 Wisconsin Dr, Des Plaines, IL, 60016
Listed for sale 3 days ago
$ 299,900
ROI
20.0Cash Flow/m
20- 2 Bed
- 1 Bath
- 800 sft
657 E Prairie Ave, Des Plaines, IL, 60016
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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