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 8101 W Courte Dr APT 204, Niles, IL
Listed for sale today
$ 309,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign52
  • 2 Bed
  • 2 Bath
  • 1425 sft
8101 W Courte Dr APT 204, Niles, IL, 60714
Property at 8516 N Ozanam Ave, Niles, IL
Listed for sale today
$ 495,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign194
  • 3 Bed
  • 2 Bath
  • 1705 sft
8516 N Ozanam Ave, Niles, IL, 60714
Property at 7642 N Osceola Ave, Niles, IL
Fix & Flip
Listed for sale 4 days ago
$ 350,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign596
  • 3 Bed
  • 1 Bath
  • 987 sft
7642 N Osceola Ave, Niles, IL, 60714
Property at 7081 W Touhy Ave APT 407, Niles, IL
Currently Rented
$ 235,900
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign342
  • 1 Bed
  • 1 Bath
  • 933 sft
7081 W Touhy Ave APT 407, 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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