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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
Listed for sale today
$ 235,000
ROI
21.7
Cash Flow/m
129- 1 Bed
- 1 Bath
- 785 sft
125 N Euclid Ave APT 303, Oak Park, IL, 60301
Listed for sale 2 days ago
$ 500,000
ROI
25.0Cash Flow/m
732- 4 Bed
- 2 Bath
- 2604 sft
801 Gunderson Ave, Oak Park, IL, 60304
Listed for sale 5 days ago
$ 225,000
ROI
24.1Cash Flow/m
272- 2 Bed
- 2 Bath
- 1111 sft
414 S Scoville Ave APT 18, Oak Park, IL, 60302
Listed for sale 5 days ago
$ 149,900
ROI
34.7Cash Flow/m
623- 1 Bed
- 1 Bath
- 1300 sft
714 N Austin Blvd, 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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