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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 6 days ago
$ 220,000
ROI
25.2
Cash Flow/m
334- 2 Bed
- 2 Bath
- 1100 sft
7006 98th St APT 1B, Chicago Ridge, IL, 60415
Listed for sale 7 days ago
$ 267,900
ROI
20.2Cash Flow/m
31- 3 Bed
- 2 Bath
- 1350 sft
6048 Washington St, Chicago Ridge, IL, 60415
$ 329,900
ROI
19.8Cash Flow/m
8- 3 Bed
- 2 Bath
- 1093 sft
10345 Barnard Dr, Chicago Ridge, IL, 60415
$ 284,900
ROI
25.3Cash Flow/m
441- 3 Bed
- 1 Bath
- 1014 sft
10854 Lyman 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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