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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Winthrop Harbor, IL

Listed for sale 1 day ago
$ 285,000
ROI
27.3
Cash Flow/m
596- 3 Bed
- 2 Bath
- 1120 sft
1244 Park Ave, Winthrop Harbor, IL, 60096

Listed for sale 2 days ago
$ 325,000
ROI
25.4
Cash Flow/m
506- 4 Bed
- 2 Bath
- 1283 sft
535 Garnett Ave, Winthrop Harbor, IL, 60096

Listed for sale 2 days ago
$ 489,900
ROI
26.0
Cash Flow/m
848- 4 Bed
- 4 Bath
- 4072 sft
206 Chesapeake Bay, Winthrop Harbor, IL, 60096

$ 429,900
ROI
27.2
Cash Flow/m
888- 4 Bed
- 4 Bath
- 2383 sft
4914 3rd St, Winthrop Harbor, IL, 60096
Why Invest in Winthrop Harbor, Illinois?
Investing in Winthrop Harbor, IL, with properties priced under $500k offers a unique opportunity for investors. The area is experiencing steady growth, with a strong rental market and reasonable property prices. With low vacancy rates and a high percentage of renter-occupied homes, this location is ideal for securing a reliable cash flow and long-term appreciation.
7.5%
Avg. ROI
5%
Rental Yield
6.7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for homes in Winthrop Harbor is around $1,200 per month, making it an attractive option for renters and investors alike.
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