Investment Properties Under $200K in Wheeling, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Wheeling, IL

Property at 165 Hansom Dr, Wheeling, IL
$ 120,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign119
  • 3 Bed
  • 2 Bath
  • - sft
165 Hansom Dr, Wheeling, IL, 60090
Property at 1575 Sandpebble Dr APT 113, Wheeling, IL
$ 200,000
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign590
  • 2 Bed
  • 2 Bath
  • 1100 sft
1575 Sandpebble Dr APT 113, Wheeling, IL, 60090
Property at 375 Plum Creek Dr APT 511, Wheeling, IL
$ 199,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign119
  • 1 Bed
  • 1 Bath
  • 890 sft
375 Plum Creek Dr APT 511, Wheeling, IL, 60090
Property at 329 10th St, Wheeling, IL
$ 140,000
ROI
61.1ROI percentage
Cash Flow/m
Dollar sign1611
  • - Bed
  • - Bath
  • - sft
329 10th St, Wheeling, IL, 60090

Why Invest in Wheeling, Illinois?

Investing in Wheeling, IL offers promising opportunities for properties under $200k. The area's affordable housing market is complemented by a solid rental yield and growing demand, making it an attractive option for real estate investors. With a rental occupancy rate of around 93% and an average cash flow that continues to rise, Wheeling stands out in the competitive Chicago metropolitan area.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Wheeling, IL, is approximately 6%. This reflects the area's growing rental market and the demand for affordable housing options.

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