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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Prospect Heights, IL
$ 193,900
ROI
35.8
Cash Flow/m
864- 2 Bed
- 2 Bath
- 1100 sft
800 E Old Willow Rd APT 208, Prospect Heights, IL, 60070
$ 199,900
ROI
24.9Cash Flow/m
285- 2 Bed
- 1 Bath
- 1100 sft
806 E Old Willow Rd APT 214, Prospect Heights, IL, 60070
$ 164,900
ROI
22.2Cash Flow/m
113- 1 Bed
- 1 Bath
- 876 sft
836 E Old Willow Rd #211, Prospect Heights, IL, 60070
$ 199,900
ROI
25.5Cash Flow/m
317- 2 Bed
- 1 Bath
- 850 sft
880 E Old Willow Rd APT 280, Prospect Heights, IL, 60070
Why Invest in Prospect Heights, Illinois?
Investing in Prospect Heights, IL, offers unique opportunities, especially for properties under $200k. This suburb features a balanced rental market with a strong demand for affordable housing, showcasing a rental yield that attracts savvy investors. With a solid appreciation rate and increasing rental prices, this area is ripe for investment.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Prospect Heights is approximately $1,200 per month. This varies based on property type and location within the suburb.
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