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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
Fix & Flip
Listed for sale 2 days ago
$ 359,900
ROI
36.2
Cash Flow/m
1644- 3 Bed
- 2 Bath
- 1550 sft
352 Dover Ln Unit 352, Des Plaines, IL, 60018
$ 314,900
ROI
24.8Cash Flow/m
445- 3 Bed
- 1 Bath
- 994 sft
1645 Stockton Ave, Des Plaines, IL, 60018
$ 420,000
ROI
20.0Cash Flow/m
27- 3 Bed
- 3 Bath
- 1550 sft
9447 Meadow Ln, Des Plaines, IL, 60016
Fix & Flip
$ 409,900
ROI
20.6Cash Flow/m
97- 3 Bed
- 3 Bath
- - sft
9249 Barberry Ln, Des Plaines, IL, 60016
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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