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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Norridge, IL
Currently Rented
$ 319,900
ROI
21.8
Cash Flow/m
180- 2 Bed
- 2 Bath
- 1317 sft
7414 W Irving Park Rd Unit 305, Norridge, IL, 60706
$ 419,900
ROI
20.0Cash Flow/m
28- 4 Bed
- 2 Bath
- 1900 sft
7008 W Montrose Ave, Norridge, IL, 60706
Fix & Flip
$ 289,000
ROI
26.0Cash Flow/m
503- 2 Bed
- 2 Bath
- 1300 sft
8580 W Foster Ave Unit 304, Norridge, IL, 60706
$ 400,000
ROI
23.3Cash Flow/m
390- 3 Bed
- 2 Bath
- 1100 sft
8332 W Winona St, 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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