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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Oak Park, IL
Listed for sale today
$ 595,000
ROI
20.5
Cash Flow/m
77- 3 Bed
- 2 Bath
- - sft
904 Hayes Ave, Oak Park, IL, 60302
Listed for sale 1 day ago
$ 344,900
ROI
21.8Cash Flow/m
197- 2 Bed
- 2 Bath
- 1100 sft
151 N Kenilworth Ave APT 4G, Oak Park, IL, 60301
$ 700,000
ROI
20.9Cash Flow/m
155- 4 Bed
- 2 Bath
- 2917 sft
424 N Harvey Ave, Oak Park, IL, 60302
$ 599,900
ROI
26.3Cash Flow/m
1021- 3 Bed
- 5 Bath
- 2720 sft
1192 Clarence Ave Unit 2, Oak Park, IL, 60304
Why Invest in Oak Park, Illinois?
Investing in Oak Park, IL, offers a unique opportunity, particularly in the multifamily sector. With a rental yield of approximately 6.5% and a steady average cash flow, Oak Park is an attractive option for real estate investors seeking consistent returns. The area's appreciation rate of 4% adds to its appeal, as it boasts a robust renter-occupied rate of 92%.
8%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Oak Park, IL, is approximately $2,000 per month. This figure may vary based on property type and location within the area.
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