Multi Family Investment Properties for Sale in Harvey, IL
$ 205,000
ROI
35.6
Cash Flow/m
902- 6 Bed
- 3 Bath
- - sft
15620 Loomis Ave, Harvey, IL, 60426
$ 139,900
ROI
31.8Cash Flow/m
470- 2 Bed
- 2 Bath
- - sft
220 W 155th St, Harvey, IL, 60426
$ 200,000
ROI
30.9Cash Flow/m
618- 4 Bed
- 4 Bath
- - sft
175 W 154th St, Harvey, IL, 60426
Rental Income
$ 280,000
ROI
20.2Cash Flow/m
35- 5 Bed
- 3 Bath
- - sft
16609 Emerald Ave, Harvey, IL, 60426
Why Invest in Harvey, Illinois?
Investing in multi-family properties in Harvey, IL presents a unique opportunity due to the city's affordable real estate market and robust rental demand. With an average rental yield of 7.5% and a cap rate of around 9%, investors can expect strong cash flow and potential appreciation in the coming years. The area's economic growth adds further viability to multi-family investments.
12%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in multi-family properties in Harvey provides strong cash flow potential due to high rental yields and relatively low purchase prices. The area's developing economy also supports long-term appreciation.
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