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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Jerome, IL
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Here are some other similar properties you might be interested in:
Listed for sale 1 day ago
$ 100,000
ROI
22.0
Cash Flow/m
61- 3 Bed
- 3 Bath
- 2000 sft
5149 S Carpenter St, Chicago, IL, 60609

Listed for sale 3 days ago
$ 100,000
ROI
23.5
Cash Flow/m
104- 4 Bed
- 2 Bath
- 1913 sft
927 N 9th St, Rochelle, IL, 61068

Currently Rented
Listed for sale today
$ 100,000
ROI
22.1
Cash Flow/m
65- 3 Bed
- 1 Bath
- 957 sft
909 Saint Matthew Dr, Cahokia, IL, 62206

Listed for sale today
$ 100,000
ROI
22.7
Cash Flow/m
81- 2 Bed
- 1 Bath
- 1050 sft
123 Chase Park Dr, Belleville, IL, 62226

$ 100,000
ROI
-
Cash Flow/m
-- 3 Bed
- 2 Bath
- 1715 sft
904 Fiesta Dr, University Park, IL, 60484

$ 100,000
ROI
16.5
Gross Rent Yield
9.6
- 2 Bed
- 1 Bath
- 939 sft
15335 Martin Luther King Jr Dr APT 21, Dolton, IL, 60419

$ 100,000
ROI
21.8
Cash Flow/m
57- 1 Bed
- 1 Bath
- 892 sft
1254 700th Ave, Lincoln, IL, 62656

Fix & Flip
$ 100,000
ROI
22.1
Cash Flow/m
66- 3 Bed
- 1 Bath
- 1700 sft
400 Brookside Dr, Caseyville, IL, 62232

Fix & Flip
$ 100,000
ROI
22.8
Cash Flow/m
84- 3 Bed
- 2 Bath
- 1350 sft
417 S Seigel St, Decatur, IL, 62522

$ 100,000
ROI
23.0
Cash Flow/m
91- 2 Bed
- 1 Bath
- 910 sft
904 N 10th St, Mattoon, IL, 61938

$ 100,000
ROI
21.9
Cash Flow/m
58- 3 Bed
- 2 Bath
- 1686 sft
211 S Walnut St, Kewanee, IL, 61443

$ 100,000
ROI
22.1
Cash Flow/m
66- 2 Bed
- 1 Bath
- 966 sft
1651 Poplar St, Granite City, IL, 62040

Fix & Flip
$ 100,000
ROI
23.3
Cash Flow/m
99- 3 Bed
- 1 Bath
- 1225 sft
601 Ridgewood Ct, Champaign, IL, 61821

$ 100,000
ROI
23.1
Cash Flow/m
94- 2 Bed
- 1 Bath
- 1230 sft
13514 NE Winslow Rd, Winslow, IL, 61089

$ 100,000
ROI
21.9
Cash Flow/m
58- 2 Bed
- 1 Bath
- 575 sft
415 Pershing Ave, Machesney Park, IL, 61115

$ 100,000
ROI
23.1
Cash Flow/m
93- 2 Bed
- 1 Bath
- 896 sft
612 S English Ave, Springfield, IL, 62704

$ 100,000
ROI
23.5
Cash Flow/m
104- 2 Bed
- 1 Bath
- 725 sft
1722 Harrison St, Galesburg, IL, 61401

$ 100,000
ROI
29.3
Cash Flow/m
266- 2 Bed
- 1 Bath
- 759 sft
421 4th St E, Milan, IL, 61264

$ 100,000
ROI
22.6
Cash Flow/m
78- 3 Bed
- 2 Bath
- 1182 sft
521 E Palm St, Roodhouse, IL, 62082

$ 100,000
ROI
14.9
Gross Rent Yield
9.0
- 2 Bed
- 2 Bath
- 1196 sft
1801 S Yellow Creek Ct #A-1, Freeport, IL, 61032

$ 100,000
ROI
21.9
Cash Flow/m
58- 3 Bed
- 1 Bath
- 1008 sft
2119 N Wellington Dr, Peoria, IL, 61604

Fix & Flip
$ 100,000
ROI
22.8
Cash Flow/m
84- 2 Bed
- 1 Bath
- 912 sft
211 N Union St, Yates City, IL, 61572

$ 100,000
ROI
11.8
Gross Rent Yield
9.3
- 1 Bed
- 1 Bath
- - sft
14840 Ketelaar Dr APT 5W, Midlothian, IL, 60445

$ 100,000
ROI
33.7
Cash Flow/m
388- 2 Bed
- 2 Bath
- 1120 sft
201 Melrose Ave, South Roxana, IL, 62087
Why Invest in Jerome, Illinois?
Investing in multifamily properties in Illinois offers promising opportunities as the state's rental market continues to strengthen. The average cash flow for investors in this sector is competitive, with a rental yield positioned for growth, making it an attractive option for those looking to diversify their portfolios. Furthermore, with rising demand in urban areas, your investments can benefit from long-term appreciation and stable occupancy rates.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investing in multifamily properties in Illinois can yield significant returns due to a growing rental market and increasing demand. Investors benefit from stable cash flows and potential property appreciation over time.
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