Investment Properties Under $200K in Prospect Heights, 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 Prospect Heights, IL

Property at 948 E Old Willow Rd APT 204, Prospect Heights, IL
$ 189,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign118
  • 2 Bed
  • 2 Bath
  • 1200 sft
948 E Old Willow Rd APT 204, Prospect Heights, IL, 60070
Property at 836 E Old Willow Rd #211, Prospect Heights, IL
$ 164,900
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign113
  • 1 Bed
  • 1 Bath
  • 876 sft
836 E Old Willow Rd #211, Prospect Heights, IL, 60070
Property at 838 Jonathan Ct #305, Prospect Heights, IL
$ 177,500
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign614
  • 2 Bed
  • 1 Bath
  • 875 sft
838 Jonathan Ct #305, Prospect Heights, IL, 60070
Property at 702 E Old Willow Rd #101-B, Prospect Heights, IL
Fix & Flip
$ 200,000
ROI
36.4ROI percentage
Cash Flow/m
Dollar sign925
  • 2 Bed
  • 1 Bath
  • 1000 sft
702 E Old Willow Rd #101-B, 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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