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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Palos Park, IL
Listed for sale 3 days ago
$ 415,000
ROI
21.3
Cash Flow/m
181- 3 Bed
- 3 Bath
- 1206 sft
8623 W Algoma Rd, Palos Park, IL, 60464
$ 459,000
ROI
21.1Cash Flow/m
176- 2 Bed
- 2 Bath
- 1813 sft
11524 S Old Prague Path, Palos Park, IL, 60464
$ 399,900
ROI
25.0Cash Flow/m
586- 3 Bed
- 3 Bath
- 1940 sft
11725 S Black Forest Ln, Palos Park, IL, 60464
$ 439,000
ROI
19.9Cash Flow/m
15- 3 Bed
- 1 Bath
- 1510 sft
12921 S Parkside Dr, Palos Park, IL, 60464
Why Invest in Palos Park, Illinois?
Investing in properties under $500k in Palos Park, IL presents an excellent opportunity for investors seeking affordable options in a growing community. With a rental yield estimated at 7% and average cash flow around $1,200 monthly, this location is attractive for both new and seasoned investors. The area's appreciation rate has been stable, making it a promising market for long-term investments.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Palos Park is approximately 7%, making it an appealing market for rental investors.
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