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 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 1201 Pleasant Run Dr APT 302, Wheeling, IL
$ 150,000
ROI
36.4ROI percentage
Cash Flow/m
Dollar sign695
  • 1 Bed
  • 1 Bath
  • 900 sft
1201 Pleasant Run Dr APT 302, Wheeling, IL, 60090
Property at 127 N Wolf Rd APT 52A, Wheeling, IL
$ 165,000
ROI
31.7ROI percentage
Cash Flow/m
Dollar sign550
  • 1 Bed
  • 1 Bath
  • 670 sft
127 N Wolf Rd APT 52A, Wheeling, IL, 60090
Property at 493 McHenry Rd APT 1B, Wheeling, IL
$ 157,500
ROI
32.6ROI percentage
Cash Flow/m
Dollar sign562
  • 1 Bed
  • 1 Bath
  • 660 sft
493 McHenry Rd APT 1B, 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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