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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Gurnee, IL
Listed for sale 2 days ago
$ 429,000
ROI
21.4
Cash Flow/m
198- 3 Bed
- 3 Bath
- 2640 sft
3947 Blackstone Ave, Gurnee, IL, 60031
$ 352,000
ROI
23.5Cash Flow/m
363- 3 Bed
- 4 Bath
- - sft
6109 Golfview Dr, Gurnee, IL, 60031
$ 375,000
ROI
24.3Cash Flow/m
474- 3 Bed
- 4 Bath
- - sft
6109 Golfview Dr #6109, Gurnee, IL, 60031
$ 329,000
ROI
26.9Cash Flow/m
652- 3 Bed
- 3 Bath
- 1836 sft
5758 Regency Ct #5758, Gurnee, IL, 60031
Why Invest in Gurnee, Illinois?
Investing in multifamily properties in Gurnee, IL, can be a smart move for investors looking for stable cash flow. The rental market is robust, with an average rent of $1,850 and a rental yield of 5.3%. With a cap rate of 6.1% and consistent appreciation, Gurnee offers opportunities for strong returns.
7%
Avg. ROI
5.3%
Rental Yield
6.1%
Cap Rate
$400/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rental rate for properties in Gurnee, IL, is approximately $1,850. This figure reflects the demand and quality of rental units available in the area.
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