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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 1 day ago
$ 440,000
ROI
21.1
Cash Flow/m
168- 2 Bed
- 2 Bath
- 1326 sft
109 W Berkshire Ln, Mount Prospect, IL, 60056
Listed for sale 2 days ago
$ 499,000
ROI
19.9Cash Flow/m
19- 4 Bed
- 3 Bath
- 1169 sft
805 E Ironwood Dr, Mount Prospect, IL, 60056
Fix & Flip
Listed for sale 3 days ago
$ 499,900
ROI
19.9Cash Flow/m
13- 4 Bed
- 3 Bath
- 1826 sft
24 N Emerson St, Mount Prospect, IL, 60056
Listed for sale 3 days ago
$ 600,000
ROI
22.5Cash Flow/m
404- 4 Bed
- 3 Bath
- 1884 sft
100 N Eastwood Ave, 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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