Multi-Family Investment Properties in Steger, IL | Ziffy.ai
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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

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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