Investment Properties Under $300K in Riverside, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Riverside, IL

Property at 2245 Des Plaines Ave #A, Riverside, IL
Listed for sale 1 day ago
$ 190,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign155
  • 2 Bed
  • 1 Bath
  • 850 sft
2245 Des Plaines Ave #A, Riverside, IL, 60546
Property at 108 E Burlington St APT B, Riverside, IL
$ 275,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign313
  • 3 Bed
  • 2 Bath
  • 1208 sft
108 E Burlington St APT B, Riverside, IL, 60546
Property at 213 W Quincy St APT 1, Riverside, IL
$ 189,900
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign8
  • 2 Bed
  • 1 Bath
  • 1000 sft
213 W Quincy St APT 1, Riverside, IL, 60546
Property at 56 Forest Ave APT 1N, Riverside, IL
$ 159,000
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign426
  • 1 Bed
  • 1 Bath
  • 618 sft
56 Forest Ave APT 1N, Riverside, IL, 60546

Why Invest in Riverside, Illinois?

Investing in Riverside, IL, offers opportunities to find properties under $300k in a growing suburban market. With an average rental yield of 6% and a strong appreciation rate of 4%, it's an ideal spot for savvy investors. The city's proximity to Chicago enhances its appeal, providing a steady demand for rentals and contributing to a healthy real estate market.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average cost of homes in Riverside is currently around $280,000, making it an attractive option for first-time homebuyers and investors looking for affordable options.

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