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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in North Chicago, IL
Fix & Flip
Listed for sale 3 days ago
$ 265,000
ROI
28.4
Cash Flow/m
635- 2 Bed
- 2 Bath
- 990 sft
1539 Victoria Ave, North Chicago, IL, 60064
Fix & Flip
$ 150,000
ROI
23.7Cash Flow/m
164- 2 Bed
- 1 Bath
- 884 sft
1521 Victoria Ave, North Chicago, IL, 60064
Fix & Flip
$ 269,900
ROI
22.4Cash Flow/m
198- 3 Bed
- 2 Bath
- 1850 sft
2021 Honore Ave, North Chicago, IL, 60064
Fix & Flip
$ 249,900
ROI
24.6Cash Flow/m
337- 3 Bed
- 1 Bath
- 1200 sft
1428 Victoria Ave, North Chicago, IL, 60064
Why Invest in North Chicago, Illinois?
Investing in fix-and-flip properties in North Chicago offers unique opportunities due to the area's growing real estate landscape. With an average ROI of 12%, investors can expect strong returns from renovating and reselling homes. The rental market shows a healthy appreciation rate of 5% and an average cash flow of $300 per property, making this a promising market for both quick flips and long-term holds.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Renovation costs in North Chicago typically range from $25,000 to $50,000 depending on the property's condition. It's essential to conduct thorough inspections before estimating costs.
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