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

Investment Properties for Sale in Northlake, IL

Property at 340 E Medill Ave, Northlake, IL
Listed for sale 3 days ago
$ 299,900
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign844
  • 3 Bed
  • 1 Bath
  • 1224 sft
340 E Medill Ave, Northlake, IL, 60164
Property at 208 Alvin Ave, Northlake, IL
Listed for sale 3 days ago
$ 349,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign519
  • 3 Bed
  • 1 Bath
  • 1096 sft
208 Alvin Ave, Northlake, IL, 60164
Property at 121 West Dr, Northlake, IL
Listed for sale 4 days ago
$ 329,900
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign382
  • 3 Bed
  • 2 Bath
  • 720 sft
121 West Dr, Northlake, IL, 60164
Property at 111 S Roy Ave, Northlake, IL
Listed for sale 7 days ago
$ 299,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign860
  • 3 Bed
  • 1 Bath
  • 1162 sft
111 S Roy 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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