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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Harwood Heights, IL

$ 490,000
ROI
21.5
Cash Flow/m
237- 3 Bed
- 2 Bath
- 1144 sft
7520 W Carmen Ave, Harwood Heights, IL, 60706

$ 399,900
ROI
21.3
Cash Flow/m
166- 3 Bed
- 2 Bath
- 1128 sft
4506 N Oak Park Ave, Harwood Heights, IL, 60706

$ 322,400
ROI
20.6
Cash Flow/m
77- 3 Bed
- 3 Bath
- 1326 sft
6704 W Forest Preserve Dr, Harwood Heights, IL, 60706

$ 349,777
ROI
25.0
Cash Flow/m
514- 3 Bed
- 2 Bath
- 884 sft
4117 N Osceola Ave, Harwood Heights, IL, 60706
Why Invest in Harwood Heights, Illinois?
Investing in properties under $500K in Harwood Heights offers a unique opportunity to tap into the vibrant Chicago real estate market. With an appreciation rate of around 3%, and strong rental demand, you can expect solid average cash flows from rental properties here. The area boasts a rental yield of approximately 5.5%, making it an attractive option for investors looking to diversify their portfolios.
8%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Harwood Heights is around $2,200 per month, giving investors a chance for strong cash flow.
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