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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
$ 114,999
ROI
23.7
Cash Flow/m
125- 3 Bed
- 2 Bath
- 1064 sft
7512 W 64th St, Summit, IL, 60501

$ 199,000
ROI
28.4
Cash Flow/m
480- 3 Bed
- 1 Bath
- 874 sft
7410 W 64th Pl, Summit, IL, 60501

$ 180,000
ROI
28.2
Cash Flow/m
421- 2 Bed
- 2 Bath
- 1134 sft
7423 W Archer Ave STE 2E, Summit, IL, 60501

$ 170,000
ROI
43.1
Cash Flow/m
1104- 4 Bed
- 2 Bath
- - sft
7600 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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