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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Summit, IL
Listed for sale 1 day ago
$ 389,000
ROI
21.7
Cash Flow/m
212- 5 Bed
- 3 Bath
- 1800 sft
7319 W 58th Pl, Summit, IL, 60501
$ 315,000
ROI
29.6Cash Flow/m
860- 3 Bed
- 3 Bath
- 1504 sft
(Undisclosed Address), Summit, IL, 60501
Fix & Flip
$ 125,000
ROI
22.3Cash Flow/m
87- 3 Bed
- 2 Bath
- 1100 sft
7634 W 63rd Pl, Summit, IL, 60501
$ 249,900
ROI
21.6Cash Flow/m
127- 3 Bed
- 2 Bath
- 1136 sft
5404 S 72nd Ct, Summit, IL, 60501
Why Invest in Summit, Illinois?
Investing in Summit, IL, provides a robust opportunity, especially with focus on multifamily properties. The area boasts an average rental yield of 8%, coupled with a strong cap rate of 7% and positive appreciation trends. Investors can expect average cash flows of around $1,200 per month, highlighting the demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Summit, IL, is approximately 8%, making it an attractive option for real estate investors.
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