Under $200K Investment Properties for Sale in River Grove, IL

Property at 8636 Palmer St, River Grove, IL
Fix & Flip
Listed for sale 6 days ago
$ 199,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign177
  • 3 Bed
  • 1 Bath
  • 990 sft
8636 Palmer St, River Grove, IL, 60171
Property at 3033 Paris Ave APT 303, River Grove, IL
Listed for sale 7 days ago
$ 199,900
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign62
  • 1 Bed
  • 1 Bath
  • - sft
3033 Paris Ave APT 303, River Grove, IL, 60171
Property at 3161 Paris Ave APT 103, River Grove, IL
$ 184,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign82
  • 1 Bed
  • 1 Bath
  • 860 sft
3161 Paris Ave APT 103, River Grove, IL, 60171
Property at 8035 Oconnor Dr APT 2E, River Grove, IL
$ 170,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign311
  • 1 Bed
  • 1 Bath
  • 900 sft
8035 Oconnor Dr APT 2E, River Grove, IL, 60171

Why Invest in River Grove, Illinois?

Investing in River Grove, IL, provides opportunities to acquire properties under $200k in an evolving market. With a blend of affordability and potential for appreciation, this area appeals to both first-time homebuyers and seasoned investors. Investors can expect a favorable cap rate alongside an attractive rental yield as the population in the region grows.

12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental price in River Grove is approximately $1,200 per month. This competitive rate attracts a diverse group of renters, contributing to a healthy rental market.

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