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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Cortland, IL

$ 239,900
ROI
24.4
Cash Flow/m
307- 2 Bed
- 1 Bath
- 1120 sft
529 S Preston Streets, Cortland, IL, 60112

$ 239,900
ROI
31.1
Cash Flow/m
755- 2 Bed
- 1 Bath
- 1120 sft
523 S Preston St, Cortland, IL, 60112

$ 274,900
ROI
24.9
Cash Flow/m
392- 3 Bed
- 2 Bath
- 1666 sft
519 S Preston St, Cortland, IL, 60112

$ 274,900
ROI
25.0
Cash Flow/m
401- 3 Bed
- 2 Bath
- 1666 sft
527 S Preston St, 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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