Investment Properties Under $500K in Niles, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Niles, IL

Property at 7125 W Greenleaf St, Niles, IL
Listed for sale 3 days ago
$ 365,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign548
  • 3 Bed
  • 2 Bath
  • 1400 sft
7125 W Greenleaf St, Niles, IL, 60714
Property at 8501 W North Ter, Niles, IL
$ 399,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign1183
  • 3 Bed
  • 2 Bath
  • 1440 sft
8501 W North Ter, Niles, IL, 60714
Property at 7011 W Touhy Ave APT 205, Niles, IL
$ 309,900
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign10
  • 2 Bed
  • 1 Bath
  • 1100 sft
7011 W Touhy Ave APT 205, Niles, IL, 60714
Property at 7091 W Touhy Ave APT 505, Niles, IL
$ 315,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign28
  • 2 Bed
  • 1 Bath
  • 1100 sft
7091 W Touhy Ave APT 505, Niles, IL, 60714

Why Invest in Niles, Illinois?

Investing in Niles, IL presents a unique opportunity, especially with properties priced under $500k. The city offers attractive investment metrics, including a rental yield of around 5.5% and an average cash flow that appeals to real estate investors. The steady appreciation rate makes this area ripe for growth and a sound investment choice for those looking to capitalize on the local market.

7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Niles, IL stands at approximately $1,300 per month. The rental market has shown growth, making it a favorable location for investment.

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