Under $200K Investment Properties for Sale in Oak Park, IL

Property at 720 N Austin Blvd APT 2SW, Oak Park, IL
Fix & Flip
Listed for sale 2 days ago
$ 139,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign128
  • 2 Bed
  • 1 Bath
  • 1050 sft
720 N Austin Blvd APT 2SW, Oak Park, IL, 60302
Property at 403 S Harvey Ave APT 2B, Oak Park, IL
$ 185,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign128
  • 1 Bed
  • 1 Bath
  • - sft
403 S Harvey Ave APT 2B, Oak Park, IL, 60302
Property at 420 Home Ave APT 109N, Oak Park, IL
Currently Rented
$ 189,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign188
  • 1 Bed
  • 1 Bath
  • - sft
420 Home Ave APT 109N, Oak Park, IL, 60302
Property at 639 Garfield St APT 3, Oak Park, IL
$ 165,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign73
  • 1 Bed
  • 1 Bath
  • 931 sft
639 Garfield St APT 3, Oak Park, IL, 60304

Why Invest in Oak Park, Illinois?

Investing in properties under $200k in Oak Park, IL, offers a unique opportunity for investors seeking affordable options in a vibrant community. With a solid rental yield and a healthy appreciation rate, Oak Park is a prime location for cash flow-focused investments. The area's proximity to Chicago increases its attractiveness, ensuring a steady demand for housing.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

In Oak Park, you can find various property types, including condos and smaller single-family homes, all priced under $200k. This makes it an attractive market for first-time home buyers and investors.

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