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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
Listed for sale 1 day ago
$ 194,900
ROI
21.3
Cash Flow/m
81- 2 Bed
- 2 Bath
- 1000 sft
10411 S Komensky Ave #101B, Oak Lawn, IL, 60453
Fix & Flip
Listed for sale 1 day ago
$ 199,900
ROI
22.0Cash Flow/m
124- 5 Bed
- 3 Bath
- 2537 sft
10544 S Karlov Ave, Oak Lawn, IL, 60453
Listed for sale 2 days ago
$ 199,900
ROI
21.5Cash Flow/m
95- 2 Bed
- 2 Bath
- 900 sft
9600 S Mason Ave #4, Oak Lawn, IL, 60453
Listed for sale 2 days ago
$ 209,000
ROI
19.9Cash Flow/m
9- 2 Bed
- 2 Bath
- 1000 sft
9820 S Pulaski Rd APT 315, 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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