Multi Family Investment Properties for Sale in Cortland, IL
Listed for sale 5 days ago
$ 349,990
ROI
28.1
Cash Flow/m
812- 3 Bed
- 2 Bath
- 1595 sft
162 S Llanos St, Cortland, IL, 60112
Listed for sale 5 days ago
$ 349,990
ROI
28.1Cash Flow/m
812- 3 Bed
- 2 Bath
- 1595 sft
166 S Llanos St, Cortland, IL, 60112
Airbnb Potential
$ 244,900
ROI
25.5Cash Flow/m
394- 2 Bed
- 1 Bath
- 1120 sft
477 S Preston St, Cortland, IL, 60112
$ 275,000
ROI
20.5Cash Flow/m
57- 4 Bed
- 2 Bath
- - sft
(Undisclosed Address), Cortland, IL, 60112
Why Invest in Cortland, Illinois?
Investing in multifamily properties in Cortland, Illinois, offers attractive benefits. With a strong rental yield and consistent cash flow, this area is poised for growth, making it an excellent opportunity for real estate investors. The average return on investment is robust, and housing demand shows promising trends.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Cortland is approximately $1,200 per month, reflecting the area's demand and amenities.
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