Multi Family Investment Properties for Sale in Crystal Lake, IL

Property at 8320 Prospect St, Crystal Lake, IL
$ 295,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign594
  • 3 Bed
  • 2 Bath
  • - sft
8320 Prospect St, Crystal Lake, IL, 60098
Property at 141 Short St, Crystal Lake, IL
$ 277,500
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign536
  • 4 Bed
  • 2 Bath
  • - sft
141 Short St, Crystal Lake, IL, 60014
Property at 200 Dole Ave, Crystal Lake, IL
Currently Rented
Rental Income
$ 415,000
ROI
28.6ROI percentage
Cash Flow/m
Dollar sign1021
  • 4 Bed
  • 2 Bath
  • - sft
200 Dole Ave, Crystal Lake, IL, 60014
Property at 40 S Walkup Ave, Crystal Lake, IL
Currently Rented
Rental Income
$ 340,000
ROI
36.0ROI percentage
Cash Flow/m
Dollar sign1542
  • 4 Bed
  • 2 Bath
  • - sft
40 S Walkup Ave, Crystal Lake, IL, 60014

Why Invest in Crystal Lake, Illinois?

Investing in multi-family properties in Crystal Lake, IL offers unique opportunities for steady cash flow and long-term appreciation. With rising rental demand and local economic growth, this market is becoming increasingly attractive for real estate investors. The city's strong community feel and family-friendly amenities enhance its appeal, making it a prime location for multi-family investments.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rates for multi-family properties in Crystal Lake are around $1,800 per month. This reflects the strong demand for rental housing in the area.

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