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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Chicago Ridge, IL
$ 267,900
ROI
20.2
Cash 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
Fix & Flip
$ 224,900
ROI
20.3Cash Flow/m
35- 4 Bed
- 1 Bath
- 1209 sft
10812 Princess Ave, Chicago Ridge, IL, 60415
Why Invest in Chicago Ridge, Illinois?
Investing in single-family homes in Chicago Ridge offers a solid combination of affordable real estate and a stable rental market. With a current average rental yield of around 7% and a promising appreciation rate of 3% nearly every year, this area attracts savvy investors looking for long-term growth. Moreover, the average rent for single-family homes is approximately $1,500, ensuring a healthy cash flow for landlords.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price of single-family homes in Chicago Ridge is approximately $1,500 per month. This competitive rate attracts many renters to the area.
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