Fix And Flip Investment Properties for Sale in Park Ridge, IL
Fix & Flip
$ 390,000
ROI
21.4
Cash Flow/m
175- 2 Bed
- 1 Bath
- 1146 sft
1704 S Washington Ave, Park Ridge, IL, 60068
Fix & Flip
$ 399,900
ROI
20.2Cash Flow/m
45- 3 Bed
- 2 Bath
- 1362 sft
1225 S Cumberland Ave, Park Ridge, IL, 60068
Fix & Flip
$ 369,900
ROI
22.8Cash Flow/m
314- 2 Bed
- 1 Bath
- 1155 sft
1705 S Ashland Ave, Park Ridge, IL, 60068
Fix & Flip
$ 585,000
ROI
24.7Cash Flow/m
742- 5 Bed
- 3 Bath
- - sft
926 Harrison St, Park Ridge, IL, 60068
Why Invest in Park Ridge, Illinois?
Investing in fix-and-flip properties in Park Ridge, IL, offers lucrative opportunities. With an average return on investment (ROI) of 12%, this suburb is ideal for real estate investors seeking short-term profits. The current rental yield is 8%, supported by a strong appreciation rate of 3.5%. This community boasts a rental market that is 60% occupied, making it a promising option for savvy investors.
12%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average home price in Park Ridge is approximately $410,000, reflecting the area's desirable living conditions and amenities.
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