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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 today
$ 299,900
ROI
30.5
Cash Flow/m
899- 3 Bed
- 1 Bath
- 882 sft
879 North Ave, Park Ridge, IL, 60016
$ 570,000
ROI
25.5Cash Flow/m
846- 4 Bed
- 2 Bath
- 2025 sft
36 E Touhy Ave, PARK RIDGE, IL, 60068
Listed for sale 7 days ago
$ 399,000
ROI
25.6Cash Flow/m
652- 3 Bed
- 2 Bath
- 1655 sft
1750 Potter Rd, Park Ridge, IL, 60068
Listed for sale 7 days ago
$ 569,500
ROI
21.5Cash Flow/m
233- 4 Bed
- 2 Bath
- 1895 sft
1916 Courtland Ave, 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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