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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Park Ridge, IL
Listed for sale 1 day ago
$ 385,000
ROI
20.2
Cash Flow/m
48- 3 Bed
- 2 Bath
- 1400 sft
2400 W Talcott Rd APT 223, Park Ridge, IL, 60068
$ 570,000
ROI
25.5Cash Flow/m
846- 4 Bed
- 2 Bath
- 2025 sft
36 E Touhy Ave, PARK RIDGE, IL, 60068
Fix & Flip
Listed for sale 5 days ago
$ 369,900
ROI
22.8Cash Flow/m
314- 2 Bed
- 1 Bath
- 1155 sft
1705 S Ashland Ave, Park Ridge, IL, 60068
Listed for sale 7 days ago
$ 689,900
ROI
20.1Cash Flow/m
15- 4 Bed
- 3 Bath
- 1096 sft
1508 Potter Rd, Park Ridge, IL, 60068
Why Invest in Park Ridge, Illinois?
Investing in Park Ridge, IL, offers a unique opportunity for those considering multifamily properties. With the average rent at $1,800 per month, investors can expect robust returns reflected in an average cash flow of around $300. The area has shown consistent appreciation at 4% annually, making it an attractive choice for long-term investment.
8%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Park Ridge is approximately $1,800 per month, making it a competitive market for renters.
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