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 8801 W Golf Rd APT 10B, Niles, IL
Listed for sale 1 day ago
$ 269,500
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign40
  • 2 Bed
  • 2 Bath
  • 1600 sft
8801 W Golf Rd APT 10B, Niles, IL, 60714
Property at 8813 N Grand St, Niles, IL
Listed for sale 5 days ago
$ 375,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign39
  • 3 Bed
  • 2 Bath
  • 1350 sft
8813 N Grand St, Niles, IL, 60714
Property at 7081 W Touhy Ave APT 607, Niles, IL
$ 250,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign240
  • 1 Bed
  • 1 Bath
  • 933 sft
7081 W Touhy Ave APT 607, Niles, IL, 60714
Property at 9005 N Grace Ave, Niles, IL
$ 349,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign213
  • 2 Bed
  • 2 Bath
  • 1216 sft
9005 N Grace Ave, 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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