Multi Family Investment Properties for Sale in Des Plaines, IL
Listed for sale 3 days ago
$ 329,000
ROI
26.7
Cash Flow/m
635- 3 Bed
- 1 Bath
- 994 sft
1697 Stockton Ave, Des Plaines, IL, 60018
Listed for sale 3 days ago
$ 399,900
ROI
21.3Cash Flow/m
166- 3 Bed
- 2 Bath
- 1550 sft
9406 N Oak Ave, Des Plaines, IL, 60016
Listed for sale 4 days ago
$ 395,000
ROI
21.6Cash Flow/m
200- 3 Bed
- 2 Bath
- 827 sft
441 N 4th Ave APT B, Des Plaines, IL, 60016
$ 349,000
ROI
22.1Cash Flow/m
226- 3 Bed
- 1 Bath
- 1200 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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