Multi-Family Investment Properties in Summit, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Summit, IL

Property at 7212 W 63rd Pl, Summit, IL
Fix & Flip
$ 199,000
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign480
  • 5 Bed
  • 2 Bath
  • - sft
7212 W 63rd Pl, Summit, IL, 60501
Property at 7502 W 64th St, Summit, IL
Fix & Flip
Rental Income
$ 183,512
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign281
  • 5 Bed
  • 2 Bath
  • - sft
7502 W 64th St, Summit, IL, 60501
Property at 7236 W 63rd Pl, Summit, IL
$ 300,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign77
  • 3 Bed
  • 2 Bath
  • - sft
7236 W 63rd Pl, Summit, IL, 60501
Property at 7600 W 61st St, Summit, IL
$ 170,000
ROI
43.1ROI percentage
Cash Flow/m
Dollar sign1104
  • 4 Bed
  • 2 Bath
  • - sft
7600 W 61st St, Summit, IL, 60501

Why Invest in Summit, Illinois?

Investing in multifamily properties in Illinois can be a lucrative opportunity due to consistent rental demand in urban and suburban markets. With an average ROI of 8% and a rental yield of 7%, investors can see strong cash flow. Additionally, Illinois has a diverse economy, enhancing its real estate prospects.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Illinois is around 7%, making it an attractive option for real estate investors looking for steady cash flow.

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