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

Rental Income
Listed for sale today
$ 298,900
ROI
22.5
Cash Flow/m
224- 2 Bed
- 2 Bath
- 1155 sft
1236 N Knollwood Dr, Palatine, IL, 60067

Listed for sale today
$ 365,000
ROI
20.0
Cash Flow/m
26- 2 Bed
- 2 Bath
- 1285 sft
50 N Plum Grove Rd Unit 202E, Palatine, IL, 60067

Listed for sale 4 days ago
$ 135,000
ROI
36.1
Cash Flow/m
613- 1 Bed
- 1 Bath
- 650 sft
2A E Dundee Quarter Dr Unit 208, Palatine, IL, 60074

Listed for sale 6 days ago
$ 235,000
ROI
20.1
Cash Flow/m
26- 2 Bed
- 1 Bath
- 1159 sft
1728 N Emerald Bay Unit 4, Palatine, IL, 60074
Why Invest in Palatine, Illinois?
Investing in properties under $500k in Palatine offers opportunities in a thriving suburb of Chicago. With a strong renter population and potential for appreciation, this area is attracting many investors looking for solid returns. The competitive pricing paired with a robust local economy makes it an appealing market for buyers.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Palatine is approximately $1,500 per month. This rate is competitive for the area and reflects the increasing demand for rental housing.
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