High Yield Properties in Summit, IL (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Summit, IL

Property at 5445 S 73rd Ct, Summit, IL
$ 359,700
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign687
  • 3 Bed
  • 2 Bath
  • 1753 sft
5445 S 73rd Ct, Summit, IL, 60501
Property at 5350 S 73rd Ave, Summit, IL
$ 238,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign209
  • 3 Bed
  • 2 Bath
  • 1180 sft
5350 S 73rd Ave, Summit, IL, 60501
Property at 7436 W 58th St, Summit, IL
$ 249,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign127
  • 3 Bed
  • 1 Bath
  • 1068 sft
7436 W 58th St, Summit, IL, 60501
Property at 6052 S 74th Ave, Summit, IL
$ 275,000
ROI
28.3ROI percentage
Cash Flow/m
Dollar sign650
  • 3 Bed
  • 1 Bath
  • 780 sft
6052 S 74th Ave, 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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