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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Oak Lawn, IL
Fix & Flip
Listed for sale 2 days ago
$ 259,900
ROI
20.4
Cash Flow/m
44- 3 Bed
- 1 Bath
- 1253 sft
9528 S Brandt Ave, Oak Lawn, IL, 60453
Listed for sale 6 days ago
$ 239,900
ROI
25.4Cash Flow/m
376- 2 Bed
- 2 Bath
- 1323 sft
9419 S 54th Ave, Oak Lawn, IL, 60453
$ 299,900
ROI
29.2Cash Flow/m
789- 3 Bed
- 2 Bath
- 1219 sft
10828 S Kilbourn Ave, Oak Lawn, IL, 60453
$ 259,500
ROI
22.9Cash Flow/m
228- 2 Bed
- 2 Bath
- 1300 sft
9420 S Melvina Ave APT 2NW, Oak Lawn, IL, 60453
Why Invest in Oak Lawn, Illinois?
Oak Lawn, IL offers strong investment potential in homes under $300k, with affordable entry points for single-family and condo properties. Proximity to Chicago supports steady rental demand from commuters. Average rents around $1,800 provide solid cash flow, complemented by 4-6% cap rates. Annual appreciation of 3-5% and 35% renter occupancy make it ideal for passive income. Low vacancy and quick sales enhance ROI for budget-conscious investors.
7.2%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Primarily 2-3 bedroom condos and single-family homes, averaging 1,000-1,200 sqft. Many are in walkable neighborhoods near amenities. These properties often sell quickly with multiple offers.
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