Single Family Investment Properties for Sale in Norridge, IL
$ 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
$ 389,000
ROI
28.7Cash Flow/m
965- 3 Bed
- 2 Bath
- 1618 sft
4256 N Ottawa Ave, Norridge, IL, 60706
Why Invest in Norridge, Illinois?
Investing in single-family homes in Norridge, IL, offers a unique opportunity due to the area's strong rental market and stable property values. This suburban community provides a family-friendly environment while maintaining close proximity to Chicago, making it appealing for renters. With rental yields averaging around 8% and a steady appreciation rate, Norridge is an excellent choice for real estate investors.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Norridge is approximately $1,800 per month, which reflects the area's strong rental demand and family-friendly environment.
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