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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
Listed for sale today
$ 349,900
ROI
25.0
Cash Flow/m
513- 3 Bed
- 2 Bath
- 1600 sft
124 Westward Ho Dr, Northlake, IL, 60164

$ 324,900
ROI
27.4
Cash Flow/m
686- 3 Bed
- 2 Bath
- 1600 sft
48 Country Club Dr, Northlake, IL, 60164

Fix & Flip
$ 279,000
ROI
22.6
Cash Flow/m
225- 4 Bed
- 2 Bath
- 988 sft
400 45th St, Northlake, IL, 60164

Fix & Flip
$ 299,000
ROI
24.9
Cash Flow/m
424- 3 Bed
- 2 Bath
- 816 sft
116 E North 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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