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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Melrose Park, IL
Listed for sale 1 day ago
$ 154,900
ROI
22.9
Cash Flow/m
134- 2 Bed
- 2 Bath
- 1280 sft
1416 N 36th Ave, Melrose Park, IL, 60160
$ 269,000
ROI
20.7Cash Flow/m
69- 3 Bed
- 2 Bath
- 1800 sft
1400 Le Moyne Ct, Melrose Park, IL, 60160
$ 289,900
ROI
19.8Cash Flow/m
1- 3 Bed
- 3 Bath
- 1197 sft
2701 Lee St, Melrose Park, IL, 60164
$ 370,000
ROI
23.4Cash Flow/m
374- 3 Bed
- 2 Bath
- 1400 sft
916 N Roberta Ave, Melrose Park, IL, 60164
Why Invest in Melrose Park, Illinois?
Investing in multifamily properties in Melrose Park, IL can be a lucrative opportunity. With an average rental yield of 6.5% and an appreciation rate of 4%, the investment potential is promising. The city offers a growing job market and a diverse population, making it appealing for renters and investors alike.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Melrose Park is approximately $1,200 per month, making it competitively priced compared to nearby markets.
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