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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Niles, IL
Listed for sale 4 days ago
$ 475,000
ROI
21.3
Cash Flow/m
209- 3 Bed
- 2 Bath
- 1705 sft
8516 N Ozanam Ave, Niles, IL, 60714
Listed for sale 4 days ago
$ 795,000
ROI
21.3Cash Flow/m
273- 4 Bed
- 3 Bath
- 2650 sft
8277 N Wisner St, Niles, IL, 60714
Currently Rented
Listed for sale 7 days ago
$ 245,000
ROI
23.9Cash Flow/m
279- 1 Bed
- 1 Bath
- 933 sft
7081 W Touhy Ave APT 407, Niles, IL, 60714
$ 350,000
ROI
25.8Cash Flow/m
585- 2 Bed
- 2 Bath
- 1600 sft
7450 N Waukegan Rd APT 505, Niles, IL, 60714
Why Invest in Niles, Illinois?
Niles, IL is an attractive market for investors seeking high ROI opportunities. With a focus on multifamily properties, the area's rental rates continue to grow, supported by steady demand and a renter-occupied rate of 65%. The local economy boasts strong employment figures along with a competitive appreciation rate of 4%, making it an ideal location for long-term investment.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate in Niles, IL is approximately $1,800 per month, reflecting the area's desirability among renters.
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