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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Skokie, IL
Listed for sale 2 days ago
$ 229,000
ROI
23.0
Cash Flow/m
205- 1 Bed
- 1 Bath
- 1101 sft
4840 Foster St APT 409, Skokie, IL, 60077
Fix & Flip
Motivated Seller
$ 295,000
ROI
25.9Cash Flow/m
508- 3 Bed
- 2 Bath
- 1280 sft
9144 Niles Center Rd #C, Skokie, IL, 60076
$ 299,900
ROI
24.4Cash Flow/m
388- 2 Bed
- 2 Bath
- 1300 sft
4838 Howard St APT 405, Skokie, IL, 60077
$ 300,000
ROI
24.5Cash Flow/m
397- 2 Bed
- 1 Bath
- 1500 sft
8910 Skokie Blvd APT 2N, Skokie, IL, 60077
Why Invest in Skokie, Illinois?
Skokie, IL, offers a unique opportunity for investors looking for properties under $300,000. With an increasing demand for affordable housing, the investment metrics in this area are promising, showcasing a strong rental yield and consistent appreciation rates. Located near Chicago, Skokie benefits from substantial economic activity and a supportive community for renters.
8.5%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Skokie is around $1,800, making it a competitive market for both tenants and investors.
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