Multi-Family Investment Properties in Park Ridge, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Park Ridge, IL

Property at 1216 N Northwest Hwy, Park Ridge, IL
Rental Income
$ 545,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign1020
  • 4 Bed
  • 2 Bath
  • - sft
1216 N Northwest Hwy, Park Ridge, IL, 60068
Property at 423 N Northwest Hwy, Park Ridge, IL
$ 449,900
ROI
32.5ROI percentage
Cash Flow/m
Dollar sign1591
  • 5 Bed
  • 2 Bath
  • - sft
423 N Northwest Hwy, Park Ridge, IL, 60068
Property at 103 N Clifton Ave, Park Ridge, IL
Currently Rented
Fix & Flip
$ 609,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign570
  • 4 Bed
  • 3 Bath
  • - sft
103 N Clifton Ave, Park Ridge, IL, 60068
Property at 735 N Northwest Hwy, Park Ridge, IL
Rental Income
$ 599,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign645
  • 4 Bed
  • 2 Bath
  • - sft
735 N Northwest Hwy, Park Ridge, IL, 60068

Why Invest in Park Ridge, Illinois?

Investing in multifamily properties in Park Ridge, IL offers a unique opportunity for stable returns. With an average ROI of 8%, coupled with a rental yield of 6%, investors can enjoy strong cash flow and property appreciation in this desirable suburb. The area's robust economy and excellent school system make it attractive for renters seeking long-term housing solutions.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily properties in Park Ridge is approximately $1,800. This reflects the demand for quality housing in the area due to its desirable location.

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