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

Under $300K Investment Properties for Sale in Norridge, IL

Property at 8580 W Foster Ave Unit 304, Norridge, IL
Fix & Flip
$ 289,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign503
  • 2 Bed
  • 2 Bath
  • 1300 sft
8580 W Foster Ave Unit 304, Norridge, IL, 60706
Property at 4932 N Leonard Dr Unit 2A, Norridge, IL
$ 191,500
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign248
  • 1 Bed
  • 1 Bath
  • 750 sft
4932 N Leonard Dr Unit 2A, Norridge, IL, 60706
Property at 5037 N East River Rd APT 1B, Norridge, IL
$ 199,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign293
  • 1 Bed
  • 1 Bath
  • - sft
5037 N East River Rd APT 1B, Norridge, IL, 60706
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

Why Invest in Norridge, Illinois?

Investing in properties under $300k in Norridge, IL provides a unique opportunity for potential investors. With an average rental yield of 6% and a cap rate around 5%, the investment potential is significant. The area is characterized by stable rental demand, ensuring consistent cash flow for landlords.

8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Norridge, properties under $300k typically include single-family homes and smaller multi-family units. These options appeal to both first-time buyers and investors seeking rental properties.

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