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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Prospect Heights, IL
Listed for sale 1 day ago
$ 275,000
ROI
21.0
Cash Flow/m
98- 2 Bed
- 1 Bath
- 1600 sft
618 E Old Willow Rd #183-B, Prospect Heights, IL, 60070
Listed for sale 7 days ago
$ 259,900
ROI
19.8Cash Flow/m
3- 2 Bed
- 2 Bath
- 1200 sft
18 E Old Willow Rd APT 205N, Prospect Heights, IL, 60070
$ 239,900
ROI
24.9Cash Flow/m
341- 2 Bed
- 1 Bath
- 900 sft
726 E Old Willow Rd #104-C, Prospect Heights, IL, 60070
$ 229,000
ROI
23.1Cash Flow/m
216- 2 Bed
- 2 Bath
- - sft
16 E Old Willow Rd APT 405S, Prospect Heights, IL, 60070
Why Invest in Prospect Heights, Illinois?
Investing in Prospect Heights, IL, particularly in properties under $500K, offers a unique opportunity for real estate investors. With a steadily appreciating market and a rental yield that is attractive to newcomers, the area is poised for future growth. The region boasts a strong community feel, making it appealing for renters and increasing occupancy rates.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Prospect Heights is approximately $1,200 per month, providing a solid return on investment for rental properties.
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