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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
Listed for sale 3 days ago
$ 299,900
ROI
29.9
Cash Flow/m
844- 3 Bed
- 1 Bath
- 1224 sft
340 E Medill Ave, Northlake, IL, 60164
Listed for sale 3 days ago
$ 349,000
ROI
25.1Cash Flow/m
519- 3 Bed
- 1 Bath
- 1096 sft
208 Alvin Ave, Northlake, IL, 60164
Listed for sale 4 days ago
$ 329,900
ROI
23.9Cash Flow/m
382- 3 Bed
- 2 Bath
- 720 sft
121 West Dr, Northlake, IL, 60164
Listed for sale 7 days ago
$ 299,900
ROI
30.1Cash Flow/m
860- 3 Bed
- 1 Bath
- 1162 sft
111 S Roy 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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