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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Palatine, IL
Listed for sale 1 day ago
$ 260,000
ROI
20.1
Cash Flow/m
24- 2 Bed
- 1 Bath
- 1194 sft
226 S Plum Grove Rd, Palatine, IL, 60067
Listed for sale 1 day ago
$ 190,000
ROI
22.9Cash Flow/m
167- 1 Bed
- 1 Bath
- 850 sft
500 N Wilke Rd APT 105, Palatine, IL, 60074
Listed for sale 1 day ago
$ 399,000
ROI
24.5Cash Flow/m
525- 3 Bed
- 2 Bath
- 1022 sft
450 E Palatine Rd, Palatine, IL, 60074
Listed for sale 1 day ago
$ 270,000
ROI
20.9Cash Flow/m
85- 2 Bed
- 2 Bath
- 1200 sft
2500 Bayside Dr Unit 3, Palatine, IL, 60074
Why Invest in Palatine, Illinois?
Palatine, IL offers a unique investment opportunity, particularly in the multifamily sector with potential for robust returns. With a rental yield of approximately 7% and strong appreciation around 4% annually, it is an appealing choice for investors looking for reliable cash flow. The local job market is stable, supported by major employers like the Palatine Park District and a growing commercial sector.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Palatine is approximately $1,800 per month. This figure can vary depending on the type and location of the property within the area.
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