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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Melrose Park, IL

Fix & Flip
$ 175,000
ROI
48.0
Cash Flow/m
1375- 3 Bed
- 1 Bath
- 1014 sft
2748 Bellwood Ave, Melrose Park, IL, 60164

$ 199,000
ROI
47.9
Cash Flow/m
1560- 3 Bed
- 1 Bath
- 1345 sft
9748 McLean Ave, Melrose Park, IL, 60164

$ 125,000
ROI
33.8
Cash Flow/m
490- 1 Bed
- 1 Bath
- - sft
28 King Arthur Ct APT 6, Melrose Park, IL, 60164

$ 150,000
ROI
39.1
Cash Flow/m
808- 2 Bed
- 1 Bath
- - sft
26 King Arthur Ct APT 10, Melrose Park, IL, 60164
Why Invest in Melrose Park, Illinois?
Melrose Park, IL, offers investors unique opportunities with properties under $200k. This affordable market allows for substantial rental yields and positive cash flow potential, making it ideal for new and seasoned investors alike. With a strong rental demand and promising appreciation trends, Melrose Park is an attractive option for those looking to build a diversified portfolio.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Melrose Park is approximately $1,200 per month, making it a reasonable market for renters and investors.
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