Under $500K Investment Properties for Sale in Oak Forest, IL
Listed for sale 2 days ago
$ 380,000
ROI
19.9
Cash Flow/m
14- 3 Bed
- 3 Bath
- 2023 sft
15619 Lorel Ave, Oak Forest, IL, 60452
Listed for sale 3 days ago
$ 349,900
ROI
28.7Cash Flow/m
873- 3 Bed
- 2 Bath
- 1612 sft
15423 Michaele Dr, Oak Forest, IL, 60452
Listed for sale 4 days ago
$ 324,900
ROI
19.9Cash Flow/m
15- 3 Bed
- 2 Bath
- 1750 sft
15420 Central Ave, Oak Forest, IL, 60452
Listed for sale 5 days ago
$ 305,000
ROI
20.1Cash Flow/m
32- 3 Bed
- 3 Bath
- 1692 sft
5043 155th St, Oak Forest, IL, 60452
Why Invest in Oak Forest, Illinois?
Investing in properties under $500k in Oak Forest, IL can be a lucrative opportunity. With a strong rental yield and a community-focused environment, this area boasts a high percentage of renter occupancy. Investors can expect reasonable average cash flows paired with a growing appreciation rate, making it ideal for those looking to capitalize on affordable real estate.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Oak Forest, you can find a variety of properties under $500k, including single-family homes, townhouses, and condominiums. This range caters to both first-time homebuyers and investors looking for rental properties.
Find Your Perfect Investment Property in Oak Forest, Illinois
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