Investment Properties Under $200K in Park Ridge, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Park Ridge, IL

Property at 200 Thames Pkwy APT 3M, Park Ridge, IL
$ 190,000
ROI
39.7ROI percentage
Cash Flow/m
Dollar sign1054
  • 2 Bed
  • 2 Bath
  • 1320 sft
200 Thames Pkwy APT 3M, Park Ridge, IL, 60068
Property at 1041 N Northwest Hwy UNIT A4, Park Ridge, IL
$ 175,000
ROI
34.0ROI percentage
Cash Flow/m
Dollar sign692
  • 2 Bed
  • 1 Bath
  • - sft
1041 N Northwest Hwy UNIT A4, Park Ridge, IL, 60068
Property at (Undisclosed Address), Park Ridge, IL
$ 193,000
ROI
38.4ROI percentage
Cash Flow/m
Dollar sign1003
  • 2 Bed
  • 2 Bath
  • 1300 sft
(Undisclosed Address), Park Ridge, IL, 60068
Property at 400 Ascot Dr APT 3D, Park Ridge, IL
$ 183,000
ROI
49.4ROI percentage
Cash Flow/m
Dollar sign1512
  • 1 Bed
  • 1 Bath
  • - sft
400 Ascot Dr APT 3D, Park Ridge, IL, 60068

Why Invest in Park Ridge, Illinois?

Investing in Park Ridge, IL, offers unique opportunities, especially with properties under $200k. With an average rental yield of 6% and a strong cap rate of 7%, investors can expect solid cash flow and steady appreciation. This suburb's proximity to Chicago creates a high renter demand, maintaining a vibrant rental market.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

In Park Ridge, you can find condos and single-family homes under $200k that cater to both first-time buyers and investors. The variety of property types supports a range of investment strategies.

Find Your Perfect Investment Property in Park Ridge, Illinois

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