Under $200K Investment Properties for Sale in Illinois

Property at 1307 Poplar St APT C, Highland, IL
Listed for sale today
$ 129,900
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign21
  • 2 Bed
  • 1 Bath
  • 1092 sft
1307 Poplar St APT C, Highland, IL, 62249
Property at 1083 Greenwood Cir, Woodstock, IL
Fix & Flip
Listed for sale today
$ 190,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign172
  • 2 Bed
  • 2 Bath
  • 1429 sft
1083 Greenwood Cir, Woodstock, IL, 60098
Property at 11258 S Drake Ave, Chicago, IL
Listed for sale today
$ 179,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign138
  • 3 Bed
  • 2 Bath
  • 1150 sft
11258 S Drake Ave, Chicago, IL, 60655
Property at 7433 Ponderosa Ct Unit 2, Orland Park, IL
Listed for sale today
$ 199,900
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign46
  • 2 Bed
  • 2 Bath
  • 1000 sft
7433 Ponderosa Ct Unit 2, Orland Park, IL, 60462

Why Invest in Illinois?

Illinois offers compelling opportunities for investors targeting properties under $200k, with thousands of listings available statewide. Stable rental demand in urban and suburban areas supports consistent cash flow. The state's diverse economy and renter-occupied housing around 35% make it ideal for value-add strategies. Annual appreciation averages 3-4%, while cap rates hover at 7-8% in key markets. Economic resilience post-pandemic enhances long-term holding potential.

8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

Yes, over 9,000 properties under $200k are available statewide, including condos, single-family homes, and land. These offer strong entry points for cash-flow investors. Focus on areas like Chicago suburbs for best yields.

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