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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 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
Listed for sale 7 days ago
$ 388,000
ROI
22.2Cash Flow/m
267- 3 Bed
- 2 Bath
- 1308 sft
327 Morse Dr, 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
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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