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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Chicago Ridge, IL
Listed for sale 1 day ago
$ 369,900
ROI
26.4
Cash Flow/m
684- 4 Bed
- 2 Bath
- 1432 sft
10605 Sycamore Dr, Chicago Ridge, IL, 60415
Listed for sale 5 days ago
$ 209,000
ROI
24.1Cash Flow/m
250- 2 Bed
- 1 Bath
- 900 sft
7101 Oconnell Dr APT 2C, Chicago Ridge, IL, 60415
Listed for sale 7 days ago
$ 205,000
ROI
23.1Cash Flow/m
188- 2 Bed
- 2 Bath
- 917 sft
10710 Central Ave Unit 3D, Chicago Ridge, IL, 60415
$ 369,900
ROI
23.9Cash Flow/m
428- 3 Bed
- 3 Bath
- 1310 sft
10352 Leslie Ln, Chicago Ridge, IL, 60415
Why Invest in Chicago Ridge, Illinois?
Investing in Chicago Ridge, IL is a strategic choice for those interested in multifamily properties. This suburb boasts strong rental demand, with an average rental yield of 6.5% and a cap rate of 7.2%. The area's proximity to Chicago enhances its appeal, contributing to a steady appreciation rate of 4.5%. With average cash flow metrics indicating promising returns, Chicago Ridge presents a solid opportunity for investors.
12%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$1500/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental price in Chicago Ridge is approximately $1,300 per month. This pricing reflects a balanced market that appeals to various renters including families and professionals.
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