Fix and Flip Properties in Oak Lawn, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Oak Lawn, IL

Why Invest in Oak Lawn, Illinois?

Oak Lawn, IL offers strong potential for fix-and-flip investors targeting undervalued single-family homes. Proximity to Chicago drives demand from commuters and families seeking affordable suburbs. Recent home price appreciation of 15.4% signals robust resale opportunities after renovations[1]. Competitive market with homes selling in 58 days supports quick flips[1]. Stable renter occupancy at 25% provides fallback rental income[1]. Cap rates around 6-7% make it viable for value-add strategies.

18%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

Homes sell in 58 days with 15.4% price appreciation, creating quick resale opportunities[1]. Suburban location offers value-add potential at median prices around $300K. Strong commuter demand from Chicago supports post-renovation value.

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