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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Hanover Park, IL
Listed for sale today
$ 315,000
ROI
33.2
Cash Flow/m
1175- 3 Bed
- 2 Bath
- 1356 sft
1713 Fulton Ln, Hanover Park, IL, 60133
Listed for sale 4 days ago
$ 378,000
ROI
26.8Cash Flow/m
738- 3 Bed
- 3 Bath
- 1331 sft
3758 Merrimac Ln W, Hanover Park, IL, 60133
Fix & Flip
Listed for sale 5 days ago
$ 348,000
ROI
24.7Cash Flow/m
476- 3 Bed
- 2 Bath
- 1736 sft
3729 Dory Cir E, Hanover Park, IL, 60133
$ 289,900
ROI
29.8Cash Flow/m
813- 3 Bed
- 2 Bath
- 1208 sft
1741 McCormick Ln, Hanover Park, IL, 60133
Why Invest in Hanover Park, Illinois?
Investing in multifamily properties in Hanover Park, IL offers promising opportunities for returns. With an average cap rate of 7% and a rental yield of 5.5%, there's potential for substantial cash flow in this vibrant community. The consistent demand for rentals ensures that you can benefit from a high occupancy rate of about 90%.
8%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Hanover Park is around $1,600 per month, which is competitive within the region.
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