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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
Listed for sale 1 day ago
$ 349,900
ROI
25.0
Cash Flow/m
513- 3 Bed
- 2 Bath
- 1600 sft
124 Westward Ho Dr, Northlake, IL, 60164
$ 324,900
ROI
27.4Cash Flow/m
686- 3 Bed
- 2 Bath
- 1600 sft
48 Country Club Dr, Northlake, IL, 60164
Fix & Flip
$ 279,000
ROI
22.6Cash Flow/m
225- 4 Bed
- 2 Bath
- 988 sft
400 45th St, Northlake, IL, 60164
Fix & Flip
$ 299,000
ROI
24.9Cash Flow/m
424- 3 Bed
- 2 Bath
- 816 sft
116 E North 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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