Investment Properties Under $500K in Oak Park, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Oak Park, IL

Property at 151 N Kenilworth Ave APT 4G, Oak Park, IL
Listed for sale 1 day ago
$ 344,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign197
  • 2 Bed
  • 2 Bath
  • 1100 sft
151 N Kenilworth Ave APT 4G, Oak Park, IL, 60301
Property at 605 Washington Blvd APT 3N, Oak Park, IL
Currently Rented
$ 225,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign111
  • 2 Bed
  • 1 Bath
  • 1000 sft
605 Washington Blvd APT 3N, Oak Park, IL, 60302
Property at 443 N Lombard Ave APT 2, Oak Park, IL
$ 189,900
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign165
  • 1 Bed
  • 1 Bath
  • 850 sft
443 N Lombard Ave APT 2, Oak Park, IL, 60302
Property at 222 N Marion St APT 2I, Oak Park, IL
$ 315,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign29
  • 2 Bed
  • 2 Bath
  • - sft
222 N Marion St APT 2I, 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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