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

Property at 10101 Cherry Pkwy APT M8, Skokie, IL
$ 240,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign285
  • 2 Bed
  • 2 Bath
  • - sft
10101 Cherry Pkwy APT M8, Skokie, IL, 60076
Property at 10015 Beverly Dr APT 404, Skokie, IL
$ 285,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign243
  • 2 Bed
  • 2 Bath
  • 1338 sft
10015 Beverly Dr APT 404, Skokie, IL, 60076
Property at 10125 Cherry Pkwy Unit 203, Skokie, IL
$ 239,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign224
  • 2 Bed
  • 2 Bath
  • - sft
10125 Cherry Pkwy Unit 203, Skokie, IL, 60076
Property at 8030 Knox Ave APT 2E, Skokie, IL
$ 240,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign10
  • 2 Bed
  • 1 Bath
  • 1000 sft
8030 Knox Ave APT 2E, 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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