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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Western Springs, IL
Fix & Flip
Listed for sale 2 days ago
$ 450,000
ROI
23.4
Cash Flow/m
456- 2 Bed
- 1 Bath
- 1182 sft
3844 Lawn Ave, Western Springs, IL, 60558
$ 399,900
ROI
27.2Cash Flow/m
826- 3 Bed
- 2 Bath
- 1636 sft
4134 Rose Ave, Western Springs, IL, 60558
$ 425,000
ROI
29.9Cash Flow/m
1196- 3 Bed
- 2 Bath
- 1237 sft
507 45th St, Western Springs, IL, 60558
$ 480,000
ROI
22.1Cash Flow/m
311- 2 Bed
- 2 Bath
- 1592 sft
4215 Lawn Ave, Western Springs, IL, 60558
Why Invest in Western Springs, Illinois?
Investing in properties under $500k in Western Springs offers a unique opportunity to capitalize on a thriving suburban market. With an average rental yield of 7% and a decent cap rate of 6%, this area has shown consistent appreciation over the years, making it ideal for investors seeking long-term growth. The community is also renter-heavy, with a significant percentage of homes occupied by tenants, ensuring steady cash flow.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Western Springs is approximately $2,200 per month. This reflects the increasing demand for rental properties in this desirable suburban area.
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