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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in North Chicago, IL

Fix & Flip
Listed for sale 1 day ago
$ 175,000
ROI
23.4
Cash Flow/m
177- 3 Bed
- 2 Bath
- 972 sft
2631 Kennedy Dr, North Chicago, IL, 60064

Fix & Flip
$ 182,500
ROI
22.9
Cash Flow/m
158- 4 Bed
- 2 Bath
- 1950 sft
1819 Seymour Ave, North Chicago, IL, 60064

$ 179,000
ROI
23.4
Cash Flow/m
183- 2 Bed
- 2 Bath
- 1184 sft
1727 Jackson St, North Chicago, IL, 60064

Fix & Flip
$ 199,900
ROI
27.2
Cash Flow/m
412- 2 Bed
- 2 Bath
- 988 sft
1325 Glenn Dr, North Chicago, IL, 60064
Why Invest in North Chicago, Illinois?
Investing in North Chicago offers unique opportunities, especially with options under $200k. The area's strategic location, combined with a cap rate around 7%, presents a favorable climate for investors looking for solid returns. With a rental yield of approximately 9% and an average cash flow of around $300, this market can be quite lucrative for real estate investors.
10%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In North Chicago, you can find a variety of affordable properties including single-family homes, townhouses, and multifamily units. These options are ideal for investors looking to maximize their budget while securing rental income.
Find Your Perfect Investment Property in North Chicago, Illinois
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