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

Currently Rented
$ 165,000
ROI
32.0
Cash Flow/m
562- 5 Bed
- 2 Bath
- - sft
3412 Emerald Ave, Steger, IL, 60475

Fix & Flip
Rental Income
$ 267,500
ROI
24.8
Cash Flow/m
374- 4 Bed
- 2 Bath
- - sft
3000 Morgan St, Steger, IL, 60475

Fix & Flip
Rental Income
$ 267,500
ROI
26.6
Cash Flow/m
512- 4 Bed
- 2 Bath
- - sft
19 W 32nd St, Steger, IL, 60475

$ 229,000
ROI
23.0
Cash Flow/m
206- 2 Bed
- 2 Bath
- - sft
3706 Chicago Rd, Steger, IL, 60475
Why Invest in Steger, Illinois?
Investing in multi-family properties in Illinois offers a unique opportunity for stability and profitability. With an average rental yield of 6.5% and a cap rate of 8%, investors can expect strong returns. The state's diverse economy and population growth contribute to an attractive market for rental investments.
12%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Illinois is approximately $1,200 per month, depending on the location and property type.
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