Investment Properties for Sale in Oak Park, IL

Property at 1032 S Ridgeland Ave, Oak Park, IL
Fix & Flip
Listed for sale 1 day ago
$ 275,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign18
  • 2 Bed
  • 1 Bath
  • 1547 sft
1032 S Ridgeland Ave, Oak Park, IL, 60304
Property at 720 N Austin Blvd APT 2SW, Oak Park, IL
Fix & Flip
Listed for sale 2 days ago
$ 139,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign128
  • 2 Bed
  • 1 Bath
  • 1050 sft
720 N Austin Blvd APT 2SW, Oak Park, IL, 60302
Property at 718 N Ridgeland Ave, Oak Park, IL
Fix & Flip
$ 524,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign346
  • 5 Bed
  • 2 Bath
  • 1321 sft
718 N Ridgeland Ave, Oak Park, IL, 60302
Property at 403 S Harvey Ave APT 2B, Oak Park, IL
$ 185,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign128
  • 1 Bed
  • 1 Bath
  • - sft
403 S Harvey Ave APT 2B, Oak Park, IL, 60302

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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