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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Manhattan, IL
Listed for sale 2 days ago
$ 375,000
ROI
24.0
Cash Flow/m
441- 3 Bed
- 3 Bath
- 2045 sft
25419 Oconnel Ln, Manhattan, IL, 60442
Listed for sale 4 days ago
$ 379,900
ROI
23.8Cash Flow/m
425- 3 Bed
- 2 Bath
- 1776 sft
309 Andrea Dr, Manhattan, IL, 60442
Listed for sale 4 days ago
$ 425,000
ROI
26.9Cash Flow/m
839- 3 Bed
- 2 Bath
- 2202 sft
14831 W Whitney St, Manhattan, IL, 60442
Listed for sale 4 days ago
$ 769,000
ROI
23.5Cash Flow/m
721- 5 Bed
- 4 Bath
- 4568 sft
24111 S Blue Waters Dr, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Manhattan, IL is an emerging market for real estate investors, particularly those interested in single-family homes and rental properties. With its proximity to Chicago and a growing population, the area boasts attractive rental yields and steady appreciation rates. Investors can expect competitive cap rates of around 7% along with a solid rental market, making it a top choice for savvy investors.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Manhattan, IL hovers around 8%. This figure is competitive in the Chicago suburbs, attracting investors looking for strong cash flow.
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