Under $200K Investment Properties for Sale in Hanover Park, IL

Property at 7510 Washington St, Hanover Park, IL
$ 175,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign89
  • 1 Bed
  • 1 Bath
  • 660 sft
7510 Washington St, Hanover Park, IL, 60133
Property at 1375 Court Marguerite, Hanover Park, IL
$ 193,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign129
  • 3 Bed
  • 2 Bath
  • 1623 sft
1375 Court Marguerite, Hanover Park, IL, 60133
Property at 1355 Laguna Ct UNIT B, Hanover Park, IL
$ 199,999
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign170
  • 2 Bed
  • 1 Bath
  • 1000 sft
1355 Laguna Ct UNIT B, Hanover Park, IL, 60133
Property at 1350 Laguna Ct UNIT A, Hanover Park, IL
Rental Income
$ 200,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign46
  • 2 Bed
  • 1 Bath
  • 943 sft
1350 Laguna Ct UNIT A, Hanover Park, IL, 60133

Why Invest in Hanover Park, Illinois?

Investing in Hanover Park, IL, offers great opportunities for those looking for affordable properties under $200k. With a solid rental market and an average cash flow that is appealing for investors, this location is optimal for obtaining high-value real estate without high upfront costs.

8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Hanover Park is approximately $1,200 per month, making it an affordable option for renters in the area.

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