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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
Fix & Flip
Listed for sale 2 days ago
$ 379,900
ROI
27.4
Cash Flow/m
804- 6 Bed
- 3 Bath
- 2000 sft
4130 N Ottawa Ave, Norridge, IL, 60706
Listed for sale 4 days ago
$ 204,900
ROI
22.7Cash Flow/m
166- 1 Bed
- 1 Bath
- 750 sft
4932 N Leonard Dr Unit 2A, Norridge, IL, 60706
$ 409,000
ROI
20.7Cash Flow/m
103- 3 Bed
- 1 Bath
- 912 sft
4917 N Prospect Ave, Norridge, IL, 60706
Fix & Flip
Motivated Seller
$ 345,000
ROI
27.3Cash Flow/m
722- 3 Bed
- 2 Bath
- 1285 sft
4939 N Cumberland Ave, 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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