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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Pingree Grove, IL
Listed for sale today
$ 304,900
ROI
29.4
Cash Flow/m
814- 2 Bed
- 2 Bath
- 1246 sft
133 Norfolk Ln, Pingree Grove, IL, 60140
Listed for sale 4 days ago
$ 355,900
ROI
26.2Cash Flow/m
642- 3 Bed
- 3 Bath
- 1847 sft
283 Maryland Ln, Pingree Grove, IL, 60140
$ 349,900
ROI
24.8Cash Flow/m
487- 3 Bed
- 3 Bath
- 1988 sft
270 Norfolk Ln, Pingree Grove, IL, 60140
$ 340,000
ROI
25.6Cash Flow/m
556- 3 Bed
- 3 Bath
- 1836 sft
238 Norfolk Ln, Pingree Grove, IL, 60140
Why Invest in Pingree Grove, Illinois?
Investing in multifamily properties in Illinois offers a solid opportunity for growth. With a stable rental market and a growing demand for rental units, investors can anticipate competitive returns in this region. The average rental yields and cash flow metrics align with a strong advantage for multifamily investments in Pingree Grove.
7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Pingree Grove currently stands at around $1,200 per month. This amount reflects the demand and quality of living in the area.
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