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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Des Plaines, IL
Listed for sale 4 days ago
$ 340,000
ROI
25.9
Cash Flow/m
582- 3 Bed
- 2 Bath
- 1381 sft
509 N 4th Ave APT A, Des Plaines, IL, 60016
Listed for sale 4 days ago
$ 395,000
ROI
22.7Cash Flow/m
324- 3 Bed
- 2 Bath
- 1569 sft
9476 Terrace Pl, Des Plaines, IL, 60016
$ 359,000
ROI
24.0Cash Flow/m
427- 3 Bed
- 3 Bath
- 1568 sft
9268 Barberry Ln #0, Des Plaines, IL, 60016
$ 335,000
ROI
25.8Cash Flow/m
560- 3 Bed
- 1 Bath
- 1117 sft
1693 Linden St, Des Plaines, IL, 60018
Why Invest in Des Plaines, Illinois?
Multi-family properties in Des Plaines, IL offer strong investment potential near Chicago. Stable demand from renters supports consistent cash flow with average rents around $1,800 monthly. Annual appreciation of 5% and cap rates near 6% make it attractive for long-term holds. Renter occupancy exceeds 45%, bolstered by proximity to O'Hare and commuter rails. Economic growth in the metro area enhances rental yield opportunities up to 7%.
8.5%
Avg. ROI
6.8%
Rental Yield
6.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Des Plaines offers stable renter demand from airport workers and commuters. Appreciation rates of 5% and yields around 7% provide solid returns. Proximity to Chicago supports long-term value growth.
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