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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Berkeley, IL
Listed for sale 7 days ago
$ 327,000
ROI
26.3
Cash Flow/m
593- 3 Bed
- 1 Bath
- 1000 sft
1425 Atwood Ave, Berkeley, IL, 60163
$ 189,900
ROI
26.6Cash Flow/m
363- 5 Bed
- 2 Bath
- 1800 sft
1512 N Wolf Rd, Berkeley, IL, 60163
Fix & Flip
$ 289,900
ROI
27.6Cash Flow/m
629- 2 Bed
- 1 Bath
- 950 sft
1541 N Lee Blvd, Berkeley, IL, 60163
Fix & Flip
$ 349,900
ROI
29.3Cash Flow/m
925- 4 Bed
- 2 Bath
- 1628 sft
1463 Speechley Blvd, Berkeley, IL, 60163
Why Invest in Berkeley, Illinois?
Investing in Berkeley, IL, presents an exciting opportunity, particularly in the multifamily sector. With its growing rental market, investors can expect positive cash flow and consistent tenant demand. The area's average cash flow stands at $2,000 per month, alongside a rental yield of approximately 7%.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$2000/mo
Avg. Cash Flow
$2800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Rental rates in Berkeley have experienced a steady growth of 5% annually, reflecting the area's demand for housing. Vacancy rates are fairly low at 2%, which indicates a healthy rental market.
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