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

$ 349,500
ROI
24.5
Cash Flow/m
456- 3 Bed
- 2 Bath
- 1035 sft
10081 Frontage Rd #D, Skokie, IL, 60077

$ 299,900
ROI
22.2
Cash Flow/m
207- 2 Bed
- 2 Bath
- 1064 sft
9038 Niles Center Rd #A, Skokie, IL, 60076

$ 359,000
ROI
23.7
Cash Flow/m
390- 2 Bed
- 3 Bath
- - sft
4932 Crain St, Skokie, IL, 60077

$ 345,000
ROI
24.8
Cash Flow/m
487- 3 Bed
- 2 Bath
- 1290 sft
4864 Carol St #D, Skokie, IL, 60077
Why Invest in Skokie, Illinois?
Investing in townhouses in Skokie, IL offers a unique opportunity for those seeking stable returns. With an average rental yield of 6.2% and a cap rate of 8.5%, investors can expect solid cash flow. Additionally, the area's appreciation rate stands at 4%, making it an attractive choice for long-term investment.
12%
Avg. ROI
6.2%
Rental Yield
8.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Townhouses provide a lower entry point for investment compared to single-family homes, along with typically higher rental yields. Skokie's strong job market and steady population growth further enhance investment security.
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