Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Summit, IL
Listed for sale 2 days ago
$ 389,000
ROI
21.7
Cash Flow/m
212- 5 Bed
- 3 Bath
- 1800 sft
7319 W 58th Pl, Summit, IL, 60501
$ 315,000
ROI
29.6Cash Flow/m
860- 3 Bed
- 3 Bath
- 1504 sft
(Undisclosed Address), Summit, IL, 60501
Fix & Flip
$ 125,000
ROI
22.3Cash Flow/m
87- 3 Bed
- 2 Bath
- 1100 sft
7634 W 63rd Pl, Summit, IL, 60501
$ 249,900
ROI
21.6Cash Flow/m
127- 3 Bed
- 2 Bath
- 1136 sft
5404 S 72nd Ct, Summit, IL, 60501
Why Invest in Summit, Illinois?
Investing in Summit, Illinois, especially in properties under $500k, opens doors to affordable opportunities in a growing area. With rental yields around 7% and a strong appreciation rate of 4% annually, it's an attractive market for new investors. Furthermore, the average cash flow is approximately $300 per month, making it financially attractive for long-term rental strategies.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in Summit offers strong rental yields and a stable market with low vacancy rates. Additionally, the area's ongoing development projects are expected to enhance property values over time.
Find Your Perfect Investment Property in Summit, Illinois
Explore investment opportunities by strategy, performance, or property type
