Multi Family Investment Properties for Sale in Lockport, IL
Listed for sale 6 days ago
$ 309,900
ROI
22.3
Cash Flow/m
220- 3 Bed
- 3 Bath
- 1827 sft
3252 Ridgefield Ct, Lockport, IL, 60441
$ 320,000
ROI
20.0Cash Flow/m
17- 2 Bed
- 3 Bath
- 1340 sft
1515 Peachtree Ln, Lockport, IL, 60441
$ 295,000
ROI
33.8Cash Flow/m
1156- 2 Bed
- 3 Bath
- 1397 sft
16646 W Adobe Dr, Lockport, IL, 60441
$ 305,900
ROI
33.6Cash Flow/m
1177- 3 Bed
- 3 Bath
- 1704 sft
16728 W Natoma Dr, Lockport, IL, 60441
Why Invest in Lockport, Illinois?
Investing in multi-family properties in Lockport, IL offers a promising opportunity for real estate investors. The rental market is robust, with an average rent of $1,500, providing strong cash flow potential. With a cap rate of approximately 6.5% and a rental yield of around 8%, the area's economic growth supports profitable investments.
12%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Lockport is approximately $1,500, making it an attractive market for both investors and renters.
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