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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Manhattan, IL

$ 355,000
ROI
25.6
Cash Flow/m
581- 2 Bed
- 3 Bath
- 2550 sft
25426 S Barrow Rd, Manhattan, IL, 60442

$ 299,000
ROI
31.6
Cash Flow/m
986- 3 Bed
- 3 Bath
- 1629 sft
25463 S Colligan St, Manhattan, IL, 60442

$ 314,900
ROI
30.9
Cash Flow/m
973- 3 Bed
- 3 Bath
- 1715 sft
24754 S McCormick Way, Manhattan, IL, 60442

$ 295,000
ROI
32.0
Cash Flow/m
1002- 3 Bed
- 3 Bath
- 1629 sft
25242 Colligan St, Manhattan, IL, 60442
Why Invest in Manhattan, Illinois?
Investing in multi-family properties in Manhattan, IL, offers a unique opportunity for those looking to diversify their portfolio. The area has seen a steady increase in rental demand, with a consistent rental yield and potential for significant appreciation. Given its growing population and influx of new residents, investors can expect a healthy cash flow and solid cap rates in this thriving market.
7.5%
Avg. ROI
9.2%
Rental Yield
6.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent in Manhattan, IL is around $1,500. This price can vary depending on the property's size and location within the city.
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