High Rental Yield Investment Properties for Sale in Park Ridge, IL

Property at 201 Thames Pkwy APT 3A, Park Ridge, IL
Listed for sale 3 days ago
$ 265,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign17
  • 2 Bed
  • 2 Bath
  • 1415 sft
201 Thames Pkwy APT 3A, Park Ridge, IL, 60068
Property at 36 E Touhy Ave, PARK RIDGE, IL
$ 570,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign846
  • 4 Bed
  • 2 Bath
  • 2025 sft
36 E Touhy Ave, PARK RIDGE, IL, 60068
Property at 1609 S Cumberland Ave, Park Ridge, IL
Listed for sale 7 days ago
$ 450,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign299
  • 3 Bed
  • 1 Bath
  • - sft
1609 S Cumberland Ave, Park Ridge, IL, 60068
Property at 2600 Windsor Mall APT 2E, Park Ridge, IL
$ 284,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign173
  • 2 Bed
  • 2 Bath
  • 1320 sft
2600 Windsor Mall APT 2E, Park Ridge, IL, 60068

Why Invest in Park Ridge, Illinois?

Investing in Park Ridge, IL, offers attractive rental yield opportunities, especially for properties targeting high-demand demographics. With a growing job market and a median rental income of around $2,000, investors can enjoy an average cash flow of $400 monthly, and a solid rental yield of 7%. Investors should also be aware of the area's appreciation trends, with home values having increased by approximately 4% over the past year.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for homes in Park Ridge is approximately $2,000 per month, reflecting the area's desirability and demand.

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