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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Park Ridge, IL
Listed for sale 1 day ago
$ 345,000
ROI
30.7
Cash Flow/m
1053- 3 Bed
- 2 Bath
- 1190 sft
706 N Western Ave APT B, Park Ridge, IL, 60068
$ 399,000
ROI
20.8Cash Flow/m
112- 3 Bed
- 3 Bath
- 1600 sft
120 S Dee Rd APT 2, Park Ridge, IL, 60068
$ 599,900
ROI
20.8Cash Flow/m
115- 4 Bed
- 3 Bath
- 2000 sft
108 S Dee Rd #1, Park Ridge, IL, 60068
Currently Rented
Fix & Flip
Rental Income
$ 350,000
ROI
24.4Cash Flow/m
452- 2 Bed
- 2 Bath
- 1216 sft
311 S Vine Ave APT E, Park Ridge, IL, 60068
Why Invest in Park Ridge, Illinois?
Investing in townhouses in Park Ridge, IL is a great opportunity for real estate investors looking for a strong market. This suburb offers a stable economy, excellent schools, and a desirable residential environment, which contributes to steady rental demand. With an average rental yield of 6.5% and a healthy cap rate of 7.0%, this area provides a solid foundation for investment growth.
9%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for townhouses in Park Ridge is around $2,200 per month. This reflects the strong demand and desirable location of the suburb.
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