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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
$ 250,000
ROI
23.8
Cash Flow/m
282- 2 Bed
- 2 Bath
- - sft
4700 Old Orchard Rd APT 110, Skokie, IL, 60076
Listed for sale 3 days ago
$ 239,500
ROI
27.9Cash Flow/m
541- 2 Bed
- 1 Bath
- - sft
(Undisclosed Address), Skokie, IL, 60076
$ 237,500
ROI
25.5Cash Flow/m
377- 1 Bed
- 1 Bath
- 1000 sft
8200 Lincoln Ave APT 304, Skokie, IL, 60077
$ 285,000
ROI
26.8Cash Flow/m
559- 2 Bed
- 2 Bath
- 1750 sft
4840 Foster St APT 103, 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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