Investment Properties for Sale in Melrose Park, IL

Property at 1755 Riverwoods Dr, Melrose Park, IL
Listed for sale 5 days ago
$ 425,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign166
  • 2 Bed
  • 3 Bath
  • 1854 sft
1755 Riverwoods Dr, Melrose Park, IL, 60160
Property at 3124 Rhodes Ave, Melrose Park, IL
Listed for sale 6 days ago
$ 380,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign304
  • 3 Bed
  • 2 Bath
  • 2831 sft
3124 Rhodes Ave, Melrose Park, IL, 60164
Property at (Undisclosed Address), Melrose Park, IL
$ 340,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign582
  • 3 Bed
  • 2 Bath
  • 1358 sft
(Undisclosed Address), Melrose Park, IL, 60164
Property at 124 N 11th Ave, Melrose Park, IL
Fix & Flip
$ 335,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign85
  • 4 Bed
  • 3 Bath
  • 1297 sft
124 N 11th Ave, Melrose Park, IL, 60160

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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