Multi Family Investment Properties for Sale in Hanover Park, IL

Property at 2165 Wildwood Ct, Hanover Park, IL
Listed for sale 4 days ago
$ 343,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign356
  • 3 Bed
  • 2 Bath
  • 1736 sft
2165 Wildwood Ct, Hanover Park, IL, 60133
Property at 1713 Fulton Ln, Hanover Park, IL
$ 315,000
ROI
33.2ROI percentage
Cash Flow/m
Dollar sign1175
  • 3 Bed
  • 2 Bath
  • 1356 sft
1713 Fulton Ln, Hanover Park, IL, 60133
Property at 1841 Whaler Ln, Hanover Park, IL
$ 325,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign1106
  • 3 Bed
  • 2 Bath
  • 1300 sft
1841 Whaler Ln, Hanover Park, IL, 60133
Property at 3758 Merrimac Ln W, Hanover Park, IL
$ 378,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign738
  • 3 Bed
  • 3 Bath
  • 1331 sft
3758 Merrimac Ln W, 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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