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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
Listed for sale 4 days ago
$ 274,900
ROI
22.0
Cash Flow/m
168- 2 Bed
- 3 Bath
- 1462 sft
14062 Edgewater Dr, Plainfield, IL, 60544
$ 329,500
ROI
35.7Cash Flow/m
1463- 3 Bed
- 3 Bath
- 1390 sft
2225 Carpenter Ave Unit 2225, Plainfield, IL, 60586
$ 272,000
ROI
22.3Cash Flow/m
195- 2 Bed
- 3 Bath
- 1192 sft
14005 S Danbury Dr, Plainfield, IL, 60544
$ 250,000
ROI
24.7Cash Flow/m
342- 2 Bed
- 2 Bath
- 914 sft
14253 S Napa Cir, 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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