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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Norridge, IL

$ 419,900
ROI
20.0
Cash Flow/m
28- 4 Bed
- 2 Bath
- 1900 sft
7008 W Montrose Ave, Norridge, IL, 60706

$ 400,000
ROI
23.3
Cash Flow/m
390- 3 Bed
- 2 Bath
- 1100 sft
8332 W Winona St, Norridge, IL, 60706

Currently Rented
Rental Income
$ 445,000
ROI
25.9
Cash Flow/m
756- 4 Bed
- 2 Bath
- - sft
4010 N Octavia Ave, Norridge, IL, 60706

$ 665,000
ROI
21.3
Cash Flow/m
223- 4 Bed
- 4 Bath
- 2500 sft
7830 W Carmen 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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