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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Chicago Heights, IL
Listed for sale 3 days ago
$ 215,000
ROI
24.8
Cash Flow/m
304- 5 Bed
- 2 Bath
- - sft
269 E 23rd St, Chicago Heights, IL, 60411
Currently Rented
Rental Income
$ 119,900
ROI
31.5Cash Flow/m
393- 3 Bed
- 2 Bath
- - sft
1419 Otto Blvd, Chicago Heights, IL, 60411
$ 249,900
ROI
25.8Cash Flow/m
421- 5 Bed
- 2 Bath
- - sft
63 W 15th St, Chicago Heights, IL, 60411
$ 234,900
ROI
25.0Cash Flow/m
346- 4 Bed
- 2 Bath
- - sft
1144 Grant 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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