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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 3 days ago
$ 275,000
ROI
23.1
Cash Flow/m
253- 1 Bed
- 2 Bath
- 1440 sft
10515 Altgeld St, Melrose Park, IL, 60164
$ 369,000
ROI
22.8Cash Flow/m
310- 4 Bed
- 2 Bath
- - sft
125 N 22nd Ave, Melrose Park, IL, 60160
$ 375,000
ROI
26.8Cash Flow/m
736- 3 Bed
- 3 Bath
- 1500 sft
10526 Altgeld St, Melrose Park, IL, 60164
$ 449,900
ROI
25.2Cash Flow/m
682- 3 Bed
- 3 Bath
- 2218 sft
1205 Winston Dr, 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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