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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Hometown, IL
Listed for sale 1 day ago
$ 239,900
ROI
26.3
Cash Flow/m
436- 4 Bed
- 2 Bath
- 1050 sft
(Undisclosed Address), Hometown, IL, 60456
Listed for sale 3 days ago
$ 249,900
ROI
25.0Cash Flow/m
367- 3 Bed
- 2 Bath
- 1223 sft
8808 Corcoran Rd, Hometown, IL, 60456
$ 174,900
ROI
31.7Cash Flow/m
583- 2 Bed
- 1 Bath
- 744 sft
8743 S Kolin Ave, Hometown, IL, 60456
$ 245,000
ROI
24.8Cash Flow/m
341- 3 Bed
- 1 Bath
- 812 sft
4119 W 89th Pl, Hometown, IL, 60456
Why Invest in Hometown, Illinois?
Investing in multi-family properties in Illinois offers strong potential due to growing rental demand and moderate property prices. With stable rental yields averaging around 7.5%, investors can expect solid returns. The state's diverse economy, combined with a renter-occupied rate of 44%, creates a favorable environment for real estate investment.
12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors in multi-family properties can benefit from higher rental yields and stable property valuations. With a growing demand for rental units, Illinois provides an advantageous market for sustained cash flow.
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