Investment Properties for Sale in Northlake, IL

Property at 69 E Medill Ave, Northlake, IL
Listed for sale 1 day ago
$ 374,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign340
  • 3 Bed
  • 2 Bath
  • 2039 sft
69 E Medill Ave, Northlake, IL, 60164
Property at 65 Victoria Dr, Northlake, IL
Fix & Flip
Listed for sale 4 days ago
$ 299,900
ROI
30.1ROI percentage
Cash Flow/m
Dollar sign860
  • 3 Bed
  • 1 Bath
  • 1183 sft
65 Victoria Dr, Northlake, IL, 60164
Property at 100 Country Club Dr, Northlake, IL
$ 369,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign381
  • 3 Bed
  • 2 Bath
  • 1743 sft
100 Country Club Dr, Northlake, IL, 60164
Property at 40 King Arthur Ct APT 7, Northlake, IL
Fix & Flip
$ 140,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign93
  • 1 Bed
  • 1 Bath
  • 750 sft
40 King Arthur Ct APT 7, 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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