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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Northlake, IL
Fix & Flip
$ 140,000
ROI
22.1
Cash Flow/m
93- 1 Bed
- 1 Bath
- 750 sft
40 King Arthur Ct APT 7, Northlake, IL, 60164
Fix & Flip
$ 250,000
ROI
19.9Cash Flow/m
6- 3 Bed
- 2 Bath
- 1228 sft
112 West Dr, Northlake, IL, 60164
$ 280,000
ROI
22.6Cash Flow/m
218- 2 Bed
- 1 Bath
- 794 sft
(Undisclosed Address), Northlake, IL, 60164
$ 359,900
ROI
28.0Cash Flow/m
822- 4 Bed
- 2 Bath
- 1400 sft
321 E Medill Ave, Northlake, IL, 60164
Why Invest in Northlake, Illinois?
Investing in Northlake, IL under $500k presents a unique opportunity for real estate investors seeking affordable properties in a growing market. With an average rental yield around 6% and a cap rate of 7.5%, investors can expect a solid return on their investments. Additionally, Northlake's convenient location offers access to major highways and public transportation, making it an attractive choice for renters looking for commutable options.
10%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home prices in Northlake typically range below $500k, making it an attractive market for first-time buyers and investors.
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