High Cash Flow Investment Properties for Sale in Niles, IL
Rental Income
Listed for sale 5 days ago
$ 649,000
ROI
35.2
Cash Flow/m
2698- 6 Bed
- 3 Bath
- - sft
8121 N Ottawa Ave, Niles, IL, 60714
$ 749,000
ROI
29.8Cash Flow/m
2005- 4 Bed
- 4 Bath
- 2500 sft
8321 W Ballard Rd, Niles, IL, 60714
$ 725,000
ROI
31.0Cash Flow/m
2171- 4 Bed
- 3 Bath
- 2625 sft
7940 N Oketo Ave, Niles, IL, 60714
Currently Rented
$ 699,900
ROI
32.3Cash Flow/m
2345- 4 Bed
- 2 Bath
- - sft
8707 N Oketo Ave, Niles, IL, 60714
Why Invest in Niles, Illinois?
Investing in high cash flow properties in Niles, IL, presents a unique opportunity for real estate investors. The area boasts a strong rental market with an average rental yield of 8% and an attractive average cash flow of $1,200 per month. With its proximity to Chicago and local amenities, Niles continues to see steady appreciation in property values and a robust demand for rental housing.
12%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rents in Niles, IL, typically range around $1,500 per month for standard properties, reflecting the area's robust rental market.
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