Investment Properties Under $200K in Skokie, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Skokie, IL

Property at 3346 Main St, Skokie, IL
$ 190,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign32
  • - Bed
  • - Bath
  • 1330 sft
3346 Main St, Skokie, IL, 60076
Property at 7861 Niles Center Rd APT 201, Skokie, IL
$ 200,000
ROI
36.7ROI percentage
Cash Flow/m
Dollar sign942
  • 2 Bed
  • 2 Bath
  • - sft
7861 Niles Center Rd APT 201, Skokie, IL, 60077
Property at 8524 Skokie Blvd APT 3A, Skokie, IL
$ 200,000
ROI
31.8ROI percentage
Cash Flow/m
Dollar sign669
  • 2 Bed
  • 2 Bath
  • - sft
8524 Skokie Blvd APT 3A, Skokie, IL, 60077
Property at 8521 Lotus Ave APT 706, Skokie, IL
$ 163,000
ROI
33.3ROI percentage
Cash Flow/m
Dollar sign615
  • 1 Bed
  • 1 Bath
  • - sft
8521 Lotus Ave APT 706, Skokie, IL, 60077

Why Invest in Skokie, Illinois?

Investing in Skokie, IL offers unique opportunities, especially for properties under $200k. With a solid rental yield of approximately 7%, investors can benefit from attractive cash flow and potential property appreciation. The area's strong community and suburban amenities make it appealing for renters, leading to a high occupancy rate.

8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Skokie is around $1,500 per month, showing a consistent growth trend. This makes it an attractive area for property investment.

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