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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 today
$ 275,000
ROI
20.2
Cash Flow/m
37- 1 Bed
- 1 Bath
- 714 sft
9655 Woods Dr Unit 814, Skokie, IL, 60077
$ 217,500
ROI
19.8Cash Flow/m
1- 2 Bed
- 1 Bath
- 1250 sft
9052 Keating Ave APT 2A, Skokie, IL, 60076
$ 299,900
ROI
22.2Cash Flow/m
207- 2 Bed
- 2 Bath
- 1064 sft
9038 Niles Center Rd #A, Skokie, IL, 60076
$ 229,900
ROI
28.7Cash Flow/m
570- 2 Bed
- 1 Bath
- - sft
8227 Keating Ave #1B, Skokie, IL, 60076
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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