Under $500K 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 941 N Lombard Ave, Oak Park, IL
Fix & Flip
$ 350,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign10
  • 3 Bed
  • 2 Bath
  • 1055 sft
941 N Lombard Ave, Oak Park, IL, 60302

Why Invest in Oak Park, Illinois?

Investing in properties under $500k in Oak Park, IL, offers a unique opportunity to tap into a vibrant community with a rich cultural heritage. With a solid appreciation rate and a favorable cap rate, Oak Park attracts both families and young professionals. This location also boasts competitive rental yields, making it an attractive option for real estate investors.

7.5%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Oak Park offers a mix of suburban and urban living with solid investment metrics such as consistent rental yields and strong appreciation rates. Its proximity to Chicago makes it an attractive location for renters.

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