Multi-Family Investment Properties in Manhattan, IL | Ziffy.ai
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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

Property at 24754 S McCormick Way, Manhattan, IL
Listed for sale 3 days ago
$ 314,900
ROI
30.9ROI percentage
Cash Flow/m
Dollar sign973
  • 3 Bed
  • 3 Bath
  • 1715 sft
24754 S McCormick Way, Manhattan, IL, 60442
Property at 25447 S Colligan St, Manhattan, IL
$ 279,000
ROI
34.2ROI percentage
Cash Flow/m
Dollar sign1125
  • 3 Bed
  • 3 Bath
  • 1500 sft
25447 S Colligan St, Manhattan, IL, 60442
Property at 25426 S Barrow Rd, Manhattan, IL
$ 360,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign563
  • 2 Bed
  • 3 Bath
  • 2550 sft
25426 S Barrow Rd, Manhattan, IL, 60442
Property at 25512 S Oconnel Ln, Manhattan, IL
$ 340,000
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign702
  • 2 Bed
  • 3 Bath
  • 1304 sft
25512 S Oconnel Ln, 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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