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

Fix & Flip
$ 140,000
ROI
22.1
Cash Flow/m
93- 1 Bed
- 1 Bath
- 750 sft
40 King Arthur Ct APT 7, Northlake, IL, 60164

Fix & Flip
$ 250,000
ROI
19.9
Cash Flow/m
6- 3 Bed
- 2 Bath
- 1228 sft
112 West Dr, Northlake, IL, 60164

$ 280,000
ROI
22.6
Cash Flow/m
218- 2 Bed
- 1 Bath
- 794 sft
(Undisclosed Address), Northlake, IL, 60164

$ 359,900
ROI
28.0
Cash Flow/m
822- 4 Bed
- 2 Bath
- 1400 sft
321 E Medill Ave, Northlake, IL, 60164
Why Invest in Northlake, Illinois?
Investing in Northlake, IL, particularly in multi-family properties, provides a promising opportunity due to its favorable market dynamics. The city showcases a stable rental market with an average rental yield of 7% and strong demand for rental housing, evidenced by a 56% renter-occupied rate. Additionally, the area's property appreciation over the past few years has shown resilience, making it an attractive destination for investors.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Northlake, IL, is approximately $1,700 per month. This rate may vary based on property type and location within the city.
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