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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 5 days ago
$ 424,990
ROI
20.1
Cash Flow/m
45- 4 Bed
- 3 Bath
- 2051 sft
15000 W Palmer Dr, Manhattan, IL, 60442
$ 369,900
ROI
24.5Cash Flow/m
484- 3 Bed
- 3 Bath
- 2090 sft
25346 Bann St, Manhattan, IL, 60442
$ 399,900
ROI
26.3Cash Flow/m
732- 2 Bed
- 2 Bath
- 1615 sft
13824 McKenna Ct, Manhattan, IL, 60442
$ 668,500
ROI
22.2Cash Flow/m
395- 5 Bed
- 3 Bath
- 3350 sft
23929 William 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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