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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
$ 199,900
ROI
27.2
Cash Flow/m
412- 2 Bed
- 2 Bath
- 988 sft
1325 Glenn Dr, North Chicago, IL, 60064
$ 150,000
ROI
38.4Cash Flow/m
780- 2 Bed
- 1 Bath
- 858 sft
2809 19th Pl, North chicago, IL, 60064
$ 195,000
ROI
22.9Cash Flow/m
170- 4 Bed
- 2 Bath
- 1708 sft
1233 Park Ave, North Chicago, IL, 60064
Fix & Flip
$ 180,000
ROI
22.6Cash Flow/m
144- 4 Bed
- 1 Bath
- 1440 sft
2303 Dickey Ave, 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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