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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 1 day ago
$ 319,900
ROI
27.7
Cash Flow/m
706- 2 Bed
- 3 Bath
- 1558 sft
24711 S Dart Rd, Manhattan, IL, 60442
Listed for sale 1 day ago
$ 395,000
ROI
19.8Cash Flow/m
5- 4 Bed
- 3 Bath
- 2280 sft
14940 W Quincy Way, Manhattan, IL, 60442
Listed for sale 1 day ago
$ 330,000
ROI
32.9Cash Flow/m
1205- 3 Bed
- 3 Bath
- 1715 sft
24722 S Dart Rd, Manhattan, IL, 60442
Listed for sale 1 day ago
$ 349,000
ROI
26.2Cash Flow/m
622- 3 Bed
- 3 Bath
- 2550 sft
25426 S Barrow Rd, 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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