Multi Family Investment Properties for Sale in Chicago Heights, IL
Listed for sale 2 days ago
$ 198,000
ROI
32.3
Cash Flow/m
689- 5 Bed
- 2 Bath
- - sft
63 W 15th St, Chicago Heights, IL, 60411
$ 308,900
ROI
24.6Cash Flow/m
413- 6 Bed
- 2 Bath
- - sft
146 E 24th St, Chicago Heights, IL, 60411
Fix & Flip
$ 250,000
ROI
31.6Cash Flow/m
822- 5 Bed
- 3 Bath
- - sft
51 W 21st St, Chicago Heights, IL, 60411
Fix & Flip
$ 269,000
ROI
29.0Cash Flow/m
690- 5 Bed
- 2 Bath
- - sft
1343 Vincennes Ave, Chicago Heights, IL, 60411
Why Invest in Chicago Heights, Illinois?
Investing in multi-family properties in Chicago Heights, IL, offers lucrative opportunities, especially with the current rising rental demand. The average cash flow from multi-family units provides a steady income stream for investors with a rental yield around 8%. Furthermore, the city's average rent is competitive, making it an attractive market for rental property investments.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in multi-family properties in Chicago Heights provides steady cash flow and high rental yields, making it a wise choice for real estate investors. The city's growing population and strong job market further bolster property value.
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