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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Oak Park, IL

$ 199,000
ROI
22.0
Cash Flow/m
122- 1 Bed
- 1 Bath
- - sft
219 N Oak Park Ave APT 3E, Oak Park, IL, 60302

$ 194,500
ROI
21.5
Cash Flow/m
93- 2 Bed
- 1 Bath
- 950 sft
920 Wesley Ave APT 1, Oak Park, IL, 60304

$ 189,500
ROI
23.3
Cash Flow/m
189- 1 Bed
- 1 Bath
- - sft
219 N Oak Park Ave APT 1E, Oak Park, IL, 60302

$ 175,000
ROI
29.3
Cash Flow/m
465- 1 Bed
- 1 Bath
- - sft
433 N Lombard Ave APT 3, Oak Park, IL, 60302
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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