Investment Properties Under $200K in Norridge, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Norridge, IL

Property at 5029 N East River Rd APT 1A, Norridge, IL
$ 185,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign267
  • 1 Bed
  • 1 Bath
  • 750 sft
5029 N East River Rd APT 1A, Norridge, IL, 60706
Property at 4940 N Leonard Dr UNIT 2B, Norridge, IL
$ 189,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign362
  • 1 Bed
  • 1 Bath
  • - sft
4940 N Leonard Dr UNIT 2B, Norridge, IL, 60706
Property at 5043 N East River Rd APT 1B, Norridge, IL
$ 124,900
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign122
  • - Bed
  • 1 Bath
  • 420 sft
5043 N East River Rd APT 1B, Norridge, IL, 60706
Property at 7906 W Lawrence Ave UNIT F, Norridge, IL
$ 199,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign134
  • 3 Bed
  • 2 Bath
  • 1054 sft
7906 W Lawrence Ave UNIT F, Norridge, IL, 60706

Why Invest in Norridge, Illinois?

Investing in Norridge, IL presents an exciting opportunity, especially for properties under $200k. With competitive rental yields averaging 7% and steady appreciation rates of 4% annually, this area boasts strong investment potential. Additionally, the market is renter-occupied at 60%, reflecting solid demand and investment stability.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$180/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price in Norridge, IL is around $1,200 per month, making it an accessible area for renters and an attractive investment for landlords.

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