Under $300K Investment Properties for Sale in Park Ridge, IL

Property at 201 Thames Pkwy APT 3A, Park Ridge, IL
Listed for sale 3 days ago
$ 265,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign17
  • 2 Bed
  • 2 Bath
  • 1415 sft
201 Thames Pkwy APT 3A, Park Ridge, IL, 60068
Property at 2600 Windsor Mall APT 2E, Park Ridge, IL
$ 284,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign173
  • 2 Bed
  • 2 Bath
  • 1320 sft
2600 Windsor Mall APT 2E, Park Ridge, IL, 60068
Property at 2500 Archbury Ln APT 3H, Park Ridge, IL
$ 275,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign500
  • 2 Bed
  • 2 Bath
  • 1250 sft
2500 Archbury Ln APT 3H, Park Ridge, IL, 60068
Property at 2000 Parkside Dr APT Fg, Park Ridge, IL
$ 299,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 1 Bath
  • - sft
2000 Parkside Dr APT Fg, Park Ridge, IL, 60068

Why Invest in Park Ridge, Illinois?

Investing in Park Ridge offers unique opportunities, especially for properties under $300k. With its strong community spirit and proximity to Chicago, this area has shown consistent appreciation and relatively low vacancy rates, which makes it appealing for rental investors.

8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Park Ridge is currently around $2,000 per month. This figure can vary based on property type and location within the city.

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