Under $300K Investment Properties for Sale in Oak Park, IL

Property at 1032 S Ridgeland Ave, Oak Park, IL
Fix & Flip
Listed for sale 1 day ago
$ 275,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign18
  • 2 Bed
  • 1 Bath
  • 1547 sft
1032 S Ridgeland Ave, Oak Park, IL, 60304
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

Why Invest in Oak Park, Illinois?

Investing in Oak Park, IL, offers a unique opportunity to buy properties under $300k in a vibrant suburban community. With its proximity to Chicago, the area enjoys a strong rental demand, making it a prime location for real estate investors seeking long-term gains. The average rent for properties in Oak Park is competitive, and the area's appreciation rates are promising, ensuring fruitful returns.

7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Oak Park has a dynamic real estate market with properties commonly listed under $300k, especially appealing for first-time investors aiming to enter the market.

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