Multi Family Investment Properties for Sale in Manteno, IL
Listed for sale 6 days ago
$ 259,900
ROI
23.0
Cash Flow/m
236- 3 Bed
- 2 Bath
- 1300 sft
407 Sorin Cir, Manteno, IL, 60950
$ 259,900
ROI
28.3Cash Flow/m
618- 3 Bed
- 2 Bath
- 1244 sft
921 Beauchamp Ave, Manteno, IL, 60950
Fix & Flip
$ 215,000
ROI
28.9Cash Flow/m
548- 3 Bed
- 2 Bath
- 1575 sft
405 Sorin Cir, Manteno, IL, 60950
$ 259,900
ROI
23.0Cash Flow/m
236- 3 Bed
- 2 Bath
- 1723 sft
186 E Adams St, Manteno, IL, 60950
Why Invest in Manteno, Illinois?
Investing in multi-family properties in Manteno, IL offers promising returns for investors. The average rental yield in this growing market is around 7%, complemented by a cap rate of 6.5%. As demand for rental units continues to rise, now is an opportune time to explore multifamily opportunities here.
15%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family units in Manteno is around $1,600 per month, which reflects the area's growing demand for rental housing.
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