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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Skokie, IL
Fix & Flip
Motivated Seller
Listed for sale 7 days ago
$ 295,000
ROI
25.9
Cash Flow/m
508- 3 Bed
- 2 Bath
- 1280 sft
9144 Niles Center Rd #C, Skokie, IL, 60076
Fix & Flip
$ 372,000
ROI
24.8Cash Flow/m
522- 3 Bed
- 2 Bath
- 1008 sft
8317 Lawndale Ave, Skokie, IL, 60076
or
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Why Invest in Skokie, Illinois?
Investing in multifamily properties in Skokie, IL offers an attractive opportunity for investors looking to capitalize on a stable rental market. With an average cash flow of approximately $1,200 per unit and a robust rental yield of 6%, Skokie is poised for continued growth. Additionally, the high demand for rentals, fueled by its proximity to Chicago, enhances the investment appeal.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Skokie is approximately $2,000 per month. This reflects the stable demand and desirable location of the area.
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