Townhouse Investment Properties for Sale in Skokie, IL
Listed for sale 5 days ago
$ 395,000
ROI
19.9
Cash Flow/m
15- 3 Bed
- 3 Bath
- 1944 sft
(Undisclosed Address), Skokie, IL, 60077
$ 318,500
ROI
27.3Cash Flow/m
671- 2 Bed
- 2 Bath
- 1070 sft
4912 Crain St #B, Skokie, IL, 60077
$ 335,000
ROI
25.7Cash Flow/m
556- 3 Bed
- 2 Bath
- 1290 sft
4864 Carol St #D, Skokie, IL, 60077
Fix & Flip
$ 325,000
ROI
26.7Cash Flow/m
626- 3 Bed
- 2 Bath
- 1067 sft
9123 N Lamon Ave #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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