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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 4 days ago
$ 279,000
ROI
29.4
Cash Flow/m
752- 3 Bed
- 2 Bath
- 996 sft
1807 Whitney Dr, Hanover Park, IL, 60133
$ 299,900
ROI
35.1Cash Flow/m
1280- 3 Bed
- 2 Bath
- 1736 sft
(Undisclosed Address), Hanover Park, IL, 60133
$ 335,000
ROI
26.4Cash Flow/m
616- 3 Bed
- 3 Bath
- 1237 sft
1823 Whaler Ln, Hanover Park, IL, 60133
$ 320,000
ROI
30.9Cash Flow/m
995- 3 Bed
- 2 Bath
- 1736 sft
2065 Millpond 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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