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

$ 265,000
ROI
20.6
Cash Flow/m
63- 4 Bed
- 2 Bath
- 1550 sft
5510 George St, Richmond, IL, 60071

$ 164,900
ROI
22.8
Cash Flow/m
140- 2 Bed
- 2 Bath
- 1010 sft
300 Cunat Blvd APT 3B, Richmond, IL, 60071

$ 295,000
ROI
29.5
Cash Flow/m
800- 3 Bed
- 2 Bath
- 2080 sft
10004 Nippersink Dr, Richmond, IL, 60071

$ 225,000
ROI
21.9
Cash Flow/m
131- 2 Bed
- 1 Bath
- 594 sft
10109 Covell St, Richmond, IL, 60071
Why Invest in Richmond, Illinois?
Investing in Richmond, IL, offers unique opportunities, especially for multifamily properties. The local rental market is growing steadily with an average rental yield of 6%, providing competitive cash flow potential for investors. With a strong community and an increasing demand for housing, now is the time to consider Richmond as a viable investment option.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, IL is approximately $1,500 per month, making it an attractive option for both renters and investors.
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