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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
$ 449,000
ROI
23.6
Cash Flow/m
480- 3 Bed
- 4 Bath
- 1918 sft
1531 N 9th Ave, Melrose Park, IL, 60160
Motivated Seller
Listed for sale 1 day ago
$ 275,000
ROI
23.1Cash Flow/m
253- 2 Bed
- 1 Bath
- 785 sft
2713 Landen Dr, Melrose Park, IL, 60164
Listed for sale 2 days ago
$ 285,000
ROI
22.1Cash Flow/m
183- 2 Bed
- 2 Bath
- 1152 sft
3131 N Prater Ave, Melrose Park, IL, 60164
Listed for sale 5 days ago
$ 305,000
ROI
29.5Cash Flow/m
824- 3 Bed
- 2 Bath
- - sft
3121 N Wolf Rd, 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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