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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
Listed for sale 1 day ago
$ 409,900
ROI
27.5
Cash Flow/m
880- 3 Bed
- 2 Bath
- 1618 sft
4256 N Ottawa Ave, Norridge, IL, 60706
Currently Rented
Rental Income
Listed for sale 5 days ago
$ 399,999
ROI
29.5Cash Flow/m
1088- 4 Bed
- 2 Bath
- - sft
4010 N Octavia Ave, Norridge, IL, 60706
$ 349,000
ROI
22.2Cash Flow/m
240- 2 Bed
- 2 Bath
- 1560 sft
8580 W Foster Ave Unit 706, Norridge, IL, 60706
$ 293,000
ROI
24.6Cash Flow/m
399- 2 Bed
- 2 Bath
- - sft
8560 W Foster Ave 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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