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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Summit, IL
Fix & Flip
$ 125,000
ROI
22.3
Cash Flow/m
87- 3 Bed
- 2 Bath
- 1100 sft
7634 W 63rd Pl, Summit, IL, 60501
Fix & Flip
$ 114,999
ROI
23.7Cash Flow/m
125- 3 Bed
- 2 Bath
- 1064 sft
7512 W 64th St, Summit, IL, 60501
Fix & Flip
$ 199,000
ROI
28.4Cash Flow/m
480- 5 Bed
- 2 Bath
- - sft
7212 W 63rd Pl, Summit, IL, 60501
Fix & Flip
$ 125,000
ROI
22.6Cash Flow/m
101- 2 Bed
- 1 Bath
- - sft
7537 W 61st St, Summit, IL, 60501
Why Invest in Summit, Illinois?
Investing in Summit, IL opens up opportunities for affordable properties under $200k. This suburb offers a steady rental market with an average ROI of around 8%, making it attractive for investors looking for lucrative cash flow. The local economy is supported by major employers, providing stability and a growing tenant base.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Summit, IL is approximately $1,200 per month, providing a competitive rate for renters in the area.
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