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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Summit, IL
Fix & Flip
$ 219,900
ROI
25.2
Cash Flow/m
335- 4 Bed
- 1 Bath
- 965 sft
6061 S 74th Ct, Summit, IL, 60501
$ 250,000
ROI
21.6Cash Flow/m
126- 3 Bed
- 2 Bath
- 900 sft
6057 S 75th Ct, Summit, IL, 60501
$ 354,700
ROI
24.3Cash Flow/m
451- 3 Bed
- 2 Bath
- 1753 sft
5445 S 73rd Ave, Summit, IL, 60501
$ 349,900
ROI
34.9Cash Flow/m
1477- 5 Bed
- 3 Bath
- - sft
5720 S Harlem Ave, 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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