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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Round Lake Park, IL

$ 245,000
ROI
20.1
Cash Flow/m
24- 3 Bed
- 2 Bath
- 1612 sft
209 Bellevue Dr, Round Lake Park, IL, 60073

$ 185,000
ROI
22.0
Cash Flow/m
118- 3 Bed
- 1 Bath
- 1494 sft
205 N Prospect Dr, Round Lake Park, IL, 60073

$ 150,000
ROI
22.2
Cash Flow/m
103- 3 Bed
- 2 Bath
- 2189 sft
325 E Lake Shore Dr, Round Lake Park, IL, 60073

$ 319,900
ROI
23.8
Cash Flow/m
361- 3 Bed
- 2 Bath
- 1248 sft
423 Windridge Dr, Round Lake Park, IL, 60073
Why Invest in Round Lake Park, Illinois?
Investing in Round Lake Park under $500K is a smart move for those looking for affordable options in the suburban Chicago area. This community offers solid rental yields and a steady appreciation rate, making it an attractive location for real estate investors. With a renter-occupied rate of over 60%, the demand for rental properties is strong, enhancing your investment potential.
8.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Round Lake Park is approximately $1,500 per month, which reflects the area's growing demand for rental housing.
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