High Rental Yield 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 rental properties in Oak Park offers attractive opportunities for high rental yield. With a blend of historical charm and modern amenities, this area presents strong demand, driven by its proximity to Chicago. Investors can expect a solid rental yield backed by an appreciation trend and a significant percentage of renter-occupied homes.

7.5%
Avg. ROI
6.2%
Rental Yield
5.9%
Cap Rate
$300/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Oak Park is approximately 6.2%, making it a competitive market for investors looking to earn passive income from rental properties.

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