Investment Properties for Sale in Chicago Ridge, IL
Listed for sale 5 days ago
$ 225,000
ROI
20.2
Cash Flow/m
29- 3 Bed
- 1 Bath
- 1037 sft
6508 103rd St, Chicago Ridge, IL, 60415
$ 349,900
ROI
25.6Cash Flow/m
567- 3 Bed
- 2 Bath
- 1505 sft
6606 102nd Pl, Chicago Ridge, IL, 60415
$ 199,000
ROI
22.7Cash Flow/m
165- 2 Bed
- 2 Bath
- 1000 sft
(Undisclosed Address), Chicago Ridge, IL, 60415
$ 345,000
ROI
26.0Cash Flow/m
601- 3 Bed
- 3 Bath
- 1200 sft
10801 Menard Ave, 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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