High Rental Yield Investment Properties for Sale in Summit, IL

Property at 7439 W 56th St, Summit, IL
Fix & Flip
$ 289,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign310
  • 5 Bed
  • 3 Bath
  • - sft
7439 W 56th St, Summit, IL, 60501
Property at 5445 S 73rd Ave, Summit, IL
$ 349,700
ROI
29.5ROI percentage
Cash Flow/m
Dollar sign945
  • 3 Bed
  • 2 Bath
  • 1753 sft
5445 S 73rd Ave, Summit, IL, 60501
Property at 7424 W 57th Pl, Summit, IL
$ 389,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign93
  • 5 Bed
  • 2 Bath
  • 1236 sft
7424 W 57th Pl, Summit, IL, 60501
Property at 7320 W 61st Pl, Summit, IL
$ 375,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign470
  • 3 Bed
  • 1 Bath
  • 1188 sft
7320 W 61st Pl, Summit, IL, 60501

Why Invest in Summit, Illinois?

Investing in Summit, IL presents a unique opportunity for high rental yield properties. With its strategic location near Chicago and average rental yields exceeding 7%, investors can benefit from strong cash flow and a growing rental market. The area's steady appreciation and renter-occupied rate near 95% enhance the potential for lucrative real estate investments.

8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent in Summit, IL is approximately $1,600, making it a competitive market for both landlords and tenants.

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