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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
$ 250,000
ROI
27.5
Cash Flow/m
540- 2 Bed
- 2 Bath
- 896 sft
1804 De Forest Ln, Hanover Park, IL, 60133
$ 260,000
ROI
26.0Cash Flow/m
455- 3 Bed
- 2 Bath
- 996 sft
1774 Goddard Ln, Hanover Park, IL, 60133
$ 350,900
ROI
29.2Cash Flow/m
926- 3 Bed
- 2 Bath
- 1736 sft
2068 Leeward Ln, Hanover Park, IL, 60133
$ 309,900
ROI
28.6Cash Flow/m
759- 3 Bed
- 2 Bath
- 1356 sft
4453 Bell 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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