Under $200K Investment Properties for Sale in North Chicago, IL
Fix & Flip
Motivated Seller
$ 189,000
ROI
22.6
Cash Flow/m
149- 3 Bed
- 2 Bath
- 1200 sft
2631 Kennedy Dr, North Chicago, IL, 60064
Rental Income
$ 160,000
ROI
22.1Cash Flow/m
106- 5 Bed
- 2 Bath
- 1440 sft
2306 Wright Ave, North Chicago, IL, 60064
$ 199,900
ROI
23.4Cash Flow/m
204- 3 Bed
- 1 Bath
- 1214 sft
924 Broadway Ave, North Chicago, IL, 60064
Currently Rented
Fix & Flip
Rental Income
$ 161,000
ROI
31.2Cash Flow/m
514- 4 Bed
- 4 Bath
- - sft
1801 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.
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