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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Northlake, IL
Listed for sale 1 day ago
$ 279,000
ROI
22.6
Cash Flow/m
225- 2 Bed
- 1 Bath
- 1052 sft
100 Dodd Ave, Northlake, IL, 60164
Listed for sale 5 days ago
$ 259,900
ROI
24.7Cash Flow/m
357- 4 Bed
- 1 Bath
- 1278 sft
829 N Roy Ave, Northlake, IL, 60164
Fix & Flip
$ 220,000
ROI
20.5Cash Flow/m
42- 3 Bed
- 1 Bath
- 1325 sft
221 E Dickens Ave, Northlake, IL, 60164
$ 294,900
ROI
23.7Cash Flow/m
326- 2 Bed
- 2 Bath
- 1250 sft
77 N Wolf Rd Unit 312, Northlake, IL, 60164
Why Invest in Northlake, Illinois?
Investing in Northlake, IL offers a unique opportunity to acquire properties under $300k, making it attractive for budget-conscious investors. The area boasts a stable rental market with an average rental yield of around 7% and a cap rate near 6%. With a strong community and continuous development, Northlake is poised for future appreciation.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Northlake, IL is approximately $1,300 per month, making it an affordable option compared to nearby cities.
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