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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 today
$ 399,000
ROI
29.3
Cash Flow/m
1060- 3 Bed
- 2 Bath
- 1300 sft
907 S Elmhurst Rd, Mount Prospect, IL, 60056
Listed for sale today
$ 285,000
ROI
25.1Cash Flow/m
423- 3 Bed
- 2 Bath
- 1169 sft
980 N Wheeling Rd, Mount Prospect, IL, 60056
Listed for sale today
$ 375,000
ROI
28.8Cash Flow/m
939- 3 Bed
- 2 Bath
- 1312 sft
219 N William St, Mount Prospect, IL, 60056
Listed for sale today
$ 484,900
ROI
20.6Cash Flow/m
117- 4 Bed
- 2 Bath
- 2104 sft
1402 S Robert Dr, 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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