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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

Listed for sale 6 days ago
$ 185,000
ROI
36.4
Cash Flow/m
858- 2 Bed
- 1 Bath
- 1880 sft
3545 Wallace Ave, Steger, IL, 60475

$ 199,999
ROI
42.5
Cash Flow/m
1267- 7 Bed
- 3 Bath
- - sft
19 W 36th Pl, Steger, IL, 60475

$ 230,000
ROI
28.6
Cash Flow/m
565- 6 Bed
- 2 Bath
- - sft
3431 Morgan 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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