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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in West Chicago, IL
Listed for sale 1 day ago
$ 384,900
ROI
20.3
Cash Flow/m
53- 3 Bed
- 2 Bath
- 1456 sft
678 Ray Ave, West Chicago, IL, 60185
$ 399,900
ROI
25.5Cash Flow/m
634- 3 Bed
- 3 Bath
- 2031 sft
29W092 Pomeroy St, West chicago, IL, 60185
Listed for sale 3 days ago
$ 320,000
ROI
22.7Cash Flow/m
264- 2 Bed
- 2 Bath
- 1448 sft
434 E Washington St, West Chicago, IL, 60185
Listed for sale 4 days ago
$ 365,000
ROI
22.0Cash Flow/m
231- 2 Bed
- 3 Bath
- 1373 sft
221 Ainsley Dr, West Chicago, IL, 60185
Why Invest in West Chicago, Illinois?
Investing in West Chicago presents a unique opportunity, especially for properties under $500k. With a rental yield of around 7.5% and a growing influx of renters, you can expect a solid cash flow and potential for appreciation. The city's emerging neighborhoods and significant development projects make it an attractive option for real estate investors.
12%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in West Chicago is approximately $1,300 per month. This figure is favorable for investors looking for properties under $500k.
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