Single Family 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
$ 345,000
ROI
26.0Cash Flow/m
601- 3 Bed
- 3 Bath
- 1200 sft
10801 Menard Ave, Chicago Ridge, IL, 60415
$ 330,000
ROI
28.6Cash Flow/m
812- 3 Bed
- 2 Bath
- 1762 sft
10542 Oak Park 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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