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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 240,000
ROI
25.8Cash Flow/m
405- 3 Bed
- 2 Bath
- 1356 sft
2413 20th St, North chicago, IL, 60064
Listed for sale 7 days ago
$ 295,975
ROI
22.9Cash Flow/m
260- 4 Bed
- 2 Bath
- 1131 sft
2125 Wright Ave, North Chicago, IL, 60064
Fix & Flip
$ 182,500
ROI
22.9Cash Flow/m
158- 4 Bed
- 2 Bath
- 1950 sft
1819 Seymour Ave, North Chicago, IL, 60064
Why Invest in North Chicago, Illinois?
Investing in North Chicago offers a fantastic opportunity to acquire properties under $500K. With a competitive rental market, investors can benefit from desirable returns, solid cash flows, and an appealing environment for renters. This area has shown consistent appreciation rates, attractive rental yields, and is a burgeoning spot for property investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental rates in North Chicago are approximately $1,800 per month, which makes it competitive for both investors and renters seeking quality housing.
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