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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mount Prospect, IL
Listed for sale 3 days ago
$ 415,000
ROI
23.7
Cash Flow/m
457- 3 Bed
- 2 Bath
- 1296 sft
416 N Main St, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale 5 days ago
$ 474,900
ROI
21.2Cash Flow/m
186- 4 Bed
- 3 Bath
- 2990 sft
114 N Lancaster St, Mount Prospect, IL, 60056
Listed for sale 6 days ago
$ 425,000
ROI
24.3Cash Flow/m
532- 4 Bed
- 2 Bath
- 2121 sft
607 S George St, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale 7 days ago
$ 449,999
ROI
28.2Cash Flow/m
1056- 4 Bed
- 3 Bath
- 1515 sft
303 S Waverly Pl, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in Mount Prospect, IL, particularly in multi-family properties, provides strong opportunities for growth. With an average rental yield of 6.5% and a low vacancy rate of 3%, this suburb is appealing for rental investors seeking stable cash flow. The area's average rent sits at $1,700, making it an attractive option for both renters and investors alike.
12%
Avg. ROI
6.5%
Rental Yield
7.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rates in Mount Prospect are around $1,700 per month, making it competitive within the suburban market. This reflects a steady demand for rental properties in the area.
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