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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Norridge, IL
Listed for sale today
$ 409,900
ROI
27.5
Cash Flow/m
880- 3 Bed
- 2 Bath
- 1618 sft
4256 N Ottawa Ave, Norridge, IL, 60706
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 399,999
ROI
29.5Cash Flow/m
1088- 4 Bed
- 2 Bath
- - sft
4010 N Octavia Ave, Norridge, IL, 60706
$ 349,000
ROI
22.2Cash Flow/m
240- 2 Bed
- 2 Bath
- 1560 sft
8580 W Foster Ave Unit 706, Norridge, IL, 60706
$ 293,000
ROI
24.6Cash Flow/m
399- 2 Bed
- 2 Bath
- - sft
8560 W Foster Ave Unit 202, Norridge, IL, 60706
Why Invest in Norridge, Illinois?
Investing in Norridge, IL presents an exciting opportunity to acquire properties under $500k. With a strong rental market and a steady appreciation rate, this area attracts both first-time homebuyers and seasoned investors. The average cap rate in this region is promising, making it an ideal choice for cash flow-focused investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.3%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Norridge is around $1,800 per month, with competitive rent prices attracting both renters and investors.
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