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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Elmwood Park, IL
$ 550,000
ROI
20.6
Cash Flow/m
78- 7 Bed
- 3 Bath
- - sft
2000 N 73rd Ave, Elmwood Park, IL, 60707
$ 499,900
ROI
22.8Cash Flow/m
425- 4 Bed
- 2 Bath
- - sft
2649 N 74th Ave, Elmwood Park, IL, 60707
$ 385,000
ROI
21.7Cash Flow/m
204- 4 Bed
- 2 Bath
- - sft
2314 N 73rd Ct, Elmwood Park, IL, 60707
$ 200,000
ROI
35.8Cash Flow/m
891- 2 Bed
- 2 Bath
- 1445 sft
1629 N 76th Ct, Elmwood Park, IL, 60707
Why Invest in Elmwood Park, Illinois?
Investing in multi-family properties in Elmwood Park, IL, can yield strong returns due to the area's appealing rental market. With an average rent of around $1,200, combined with a healthy rental yield of 6.5%, investors can expect a solid cash flow and appreciation potential. The suburb's proximity to Chicago enhances its desirability for renters seeking affordable housing options outside the city.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family units in Elmwood Park is around $1,200 per month, making it a competitive market for renters.
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