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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
Currently Rented
Listed for sale today
$ 399,999
ROI
20.8
Cash Flow/m
120- 2 Bed
- 2 Bath
- 1364 sft
4833 N Olcott Ave Unit 201, Harwood Heights, IL, 60706
Fix & Flip
Listed for sale today
$ 325,000
ROI
27.3Cash Flow/m
686- 3 Bed
- 2 Bath
- 2124 sft
5141 N Octavia Ave, Harwood Heights, IL, 60706
Fix & Flip
$ 429,900
ROI
23.1Cash Flow/m
397- 3 Bed
- 2 Bath
- 1144 sft
7539 W Strong St, Harwood Heights, IL, 60706
$ 315,900
ROI
24.2Cash Flow/m
389- 2 Bed
- 2 Bath
- 1400 sft
4700 N Harlem Ave APT 306, 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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