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 24722 S Dart Rd, Manhattan, IL
Listed for sale 1 day ago
$ 330,000
ROI
32.9ROI percentage
Cash Flow/m
Dollar sign1205
  • 3 Bed
  • 3 Bath
  • 1715 sft
24722 S Dart Rd, Manhattan, IL, 60442
Property at 24855 S McCormick Way, Manhattan, IL
$ 339,808
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign593
  • 3 Bed
  • 3 Bath
  • 1760 sft
24855 S McCormick Way, Manhattan, IL, 60442
Property at 23914 S Ann Ln #0, Manhattan, IL
$ 409,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign73
  • 2 Bed
  • 2 Bath
  • 1700 sft
23914 S Ann Ln #0, Manhattan, IL, 60442
Property at 24813 McCormick Way, Manhattan, IL
$ 360,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign453
  • 3 Bed
  • 3 Bath
  • 1632 sft
24813 McCormick Way, 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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