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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Palatine, IL
Fix & Flip
Listed for sale today
$ 375,000
ROI
30.4
Cash Flow/m
1107- 3 Bed
- 2 Bath
- 1892 sft
2308 N Sunset Rd, Palatine, IL, 60074
Listed for sale 2 days ago
$ 298,000
ROI
22.0Cash Flow/m
189- 3 Bed
- 2 Bath
- 1400 sft
2252 N Baldwin Way Unit 1A, Palatine, IL, 60074
Listed for sale 2 days ago
$ 465,000
ROI
22.2Cash Flow/m
316- 3 Bed
- 2 Bath
- 1980 sft
2176 N Westmoreland Dr, Palatine, IL, 60074
Listed for sale 6 days ago
$ 410,000
ROI
23.8Cash Flow/m
456- 3 Bed
- 2 Bath
- 1980 sft
856 E Sayles Dr, 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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