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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
Fix & Flip
Listed for sale 2 days ago
$ 379,900
ROI
27.4
Cash Flow/m
804- 6 Bed
- 3 Bath
- 2000 sft
4130 N Ottawa Ave, Norridge, IL, 60706
Listed for sale 4 days ago
$ 204,900
ROI
22.7Cash Flow/m
166- 1 Bed
- 1 Bath
- 750 sft
4932 N Leonard Dr Unit 2A, Norridge, IL, 60706
$ 409,000
ROI
20.7Cash Flow/m
103- 3 Bed
- 1 Bath
- 912 sft
4917 N Prospect Ave, Norridge, IL, 60706
Fix & Flip
Motivated Seller
$ 345,000
ROI
27.3Cash Flow/m
722- 3 Bed
- 2 Bath
- 1285 sft
4939 N Cumberland Ave, 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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