Under $500K Investment Properties for Sale in Northlake, IL
Listed for sale 2 days ago
$ 374,900
ROI
23.0
Cash Flow/m
340- 3 Bed
- 2 Bath
- 2039 sft
69 E Medill Ave, Northlake, IL, 60164
Fix & Flip
Listed for sale 5 days ago
$ 299,900
ROI
30.1Cash Flow/m
860- 3 Bed
- 1 Bath
- 1183 sft
65 Victoria Dr, Northlake, IL, 60164
$ 369,000
ROI
23.5Cash Flow/m
381- 3 Bed
- 2 Bath
- 1743 sft
100 Country Club Dr, Northlake, IL, 60164
Fix & Flip
$ 140,000
ROI
22.1Cash Flow/m
93- 1 Bed
- 1 Bath
- 750 sft
40 King Arthur Ct APT 7, 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.
Find Your Perfect Investment Property in Northlake, Illinois
Explore investment opportunities by strategy, performance, or property type
