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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 today
$ 319,900
ROI
21.3
Cash Flow/m
138- 3 Bed
- 2 Bath
- 2300 sft
1310 N 20th Ave, Melrose Park, IL, 60160
Listed for sale 1 day ago
$ 349,900
ROI
25.0Cash Flow/m
513- 3 Bed
- 3 Bath
- 2309 sft
205 E Grand Ave, Melrose Park, IL, 60164
Fix & Flip
Listed for sale 3 days ago
$ 250,000
ROI
34.9Cash Flow/m
1055- 6 Bed
- 2 Bath
- - sft
1513 N 32nd Ave, Melrose Park, IL, 60160
$ 244,999
ROI
25.5Cash Flow/m
393- 3 Bed
- 2 Bath
- 5940 sft
1543 N 32nd 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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