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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Plainfield, IL

$ 399,900
ROI
20.3
Cash Flow/m
64- 3 Bed
- 3 Bath
- 3100 sft
15744 Cove Cir, Plainfield, IL, 60544

$ 370,000
ROI
22.4
Cash Flow/m
272- 3 Bed
- 3 Bath
- 1972 sft
15822 S Cove Cir, Plainfield, IL, 60544

$ 275,000
ROI
22.0
Cash Flow/m
169- 2 Bed
- 3 Bath
- 1382 sft
14018 S Emerald Ct, Plainfield, IL, 60544

$ 369,900
ROI
20.6
Cash Flow/m
88- 3 Bed
- 3 Bath
- 1385 sft
13161 S Carlisle Ct, Plainfield, IL, 60544
Why Invest in Plainfield, Illinois?
Multi-family investments in Plainfield, IL offer strong potential for steady cash flow and appreciation near Chicago. Proximity to major employers drives consistent rental demand from families and commuters. Average rents support solid yields, with recent home value growth at 2.5% annually. Cap rates remain attractive amid modest inventory increases and stable job markets. Renter occupancy hovers high, bolstered by Illinois' projected 3.4% median price rise in 2026.
7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$285/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Plainfield offers stable rental demand from Chicago commuters and families. Proximity to jobs and schools supports high occupancy. Appreciation aligns with Illinois' 3.4% projected growth.
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