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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Park Ridge, IL
Listed for sale today
$ 299,900
ROI
30.5
Cash Flow/m
899- 3 Bed
- 1 Bath
- 882 sft
879 North Ave, Park Ridge, IL, 60016
Listed for sale 7 days ago
$ 399,000
ROI
25.6Cash Flow/m
652- 3 Bed
- 2 Bath
- 1655 sft
1750 Potter Rd, Park Ridge, IL, 60068
$ 399,900
ROI
28.9Cash Flow/m
1012- 3 Bed
- 2 Bath
- 1271 sft
1008 Canfield Rd, Park Ridge, IL, 60068
$ 225,000
ROI
23.6Cash Flow/m
238- 2 Bed
- 2 Bath
- 1678 sft
2300 W Talcott Rd APT 1D, Park Ridge, IL, 60068
Why Invest in Park Ridge, Illinois?
Investing in Park Ridge, IL offers opportunities below $500k, with favorable market conditions. The average rent in the area is competitively set against a backdrop of consistent property appreciation, ideal for investors seeking long-term growth. With a rental yield of 6% and a cap rate hovering around 5.5%, the financial metrics support strategic investments in this vibrant suburb.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Park Ridge is approximately $1,500 per month, making it accessible for both investors and renters.
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