High ROI Investment Properties for Sale in Norridge, IL
Listed for sale 7 days ago
$ 479,900
ROI
22.8
Cash Flow/m
401- 3 Bed
- 2 Bath
- 1431 sft
4815 N Knight Ave, Norridge, IL, 60706
$ 494,900
ROI
24.1Cash Flow/m
598- 3 Bed
- 2 Bath
- 2226 sft
4333 N Oleander Ave, Norridge, IL, 60706
$ 488,900
ROI
24.4Cash Flow/m
625- 4 Bed
- 2 Bath
- 1000 sft
5009 N Ozark Ave, Norridge, IL, 60706
Currently Rented
$ 335,000
ROI
21.2Cash Flow/m
131- 2 Bed
- 2 Bath
- 1500 sft
7414 W Irving Park Rd Unit 202, Norridge, IL, 60706
Why Invest in Norridge, Illinois?
Investors in Norridge, IL will find a high return on investment opportunity in the real estate market, particularly in multi-family properties. With an average rental yield hovering around 7%, the potential for strong cash flow is promising. The area's annual appreciation rate of 5% and low vacancy rates attract numerous renters, making it a hotspot for savvy investors.
15%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Norridge is approximately $1,800 per month, which reflects the demand for rental properties in this suburban area.
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