Under $500K Investment Properties for Sale in Norridge, IL
Listed for sale 7 days ago
$ 479,900
ROI
22.8
Cash Flow/m
401- 3 Bed
- 2 Bath
- 1431 sft
4815 N Knight Ave, Norridge, IL, 60706
$ 494,900
ROI
24.1Cash Flow/m
598- 3 Bed
- 2 Bath
- 2226 sft
4333 N Oleander Ave, Norridge, IL, 60706
$ 488,900
ROI
24.4Cash Flow/m
625- 4 Bed
- 2 Bath
- 1000 sft
5009 N Ozark Ave, Norridge, IL, 60706
Currently Rented
$ 335,000
ROI
21.2Cash Flow/m
131- 2 Bed
- 2 Bath
- 1500 sft
7414 W Irving Park Rd 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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