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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
$ 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
$ 265,000
ROI
20.5Cash Flow/m
57- 2 Bed
- 1 Bath
- 900 sft
1130 Cove Dr, 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
$ 265,000
ROI
22.0Cash Flow/m
167- 2 Bed
- 1 Bath
- 950 sft
546 E Old Willow Rd #249-A, 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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