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Braidwood, IL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Braidwood, Illinois Market population: 6K. Explore income-producing properties with verified cap rates and operating...

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Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Braidwood IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Braidwood IL Properties: 2.0600%

πŸ“Š Average Income For Braidwood IL Commercial Property: $59,538

Investor Questions For Braidwood IL

Common questions from investors exploring commercial real estate in Braidwood IL.

What's the overall investment potential of Braidwood, IL? +
Braidwood's median household income of $59,538, combined with a relatively low poverty rate of 10.5% and high health insurance coverage of 94.1%, suggests a stable market with employment opportunities, making it an attractive option for real estate investors. The top industries, including Manufacturing and Public Administration, also contribute to the area's economic stability. Additionally, the city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, can drive market demand.
How does the commute time and transportation infrastructure impact the rental market? +
The average commute time of 30.2 minutes in Braidwood, with top commute methods including Drove Alone, Carpooled, and Worked At Home, indicates a relatively convenient transportation infrastructure, which can positively impact the rental market. Furthermore, the high health insurance coverage rate of 94.1% and low poverty rate of 10.5% suggest a stable tenant base, while the top industries provide a steady stream of potential renters.
What are the key factors influencing property values in Braidwood? +
The median property value of $163,700 in Braidwood is influenced by factors such as the median household income of $59,538, the high homeownership rate of 79.6%, and the relatively low poverty rate of 10.5%. Additionally, the city's diverse population and top industries, including Manufacturing and Public Administration, contribute to the area's economic stability and, in turn, impact property values. The average commute time of 30.2 minutes also plays a role in determining property values.
How does the demographic makeup of Braidwood impact the local real estate market? +
Braidwood's demographic makeup, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a diverse population that can drive market demand. The median age of 41.9 and foreign-born rate of 2.3% also suggest a relatively stable and established community. Furthermore, the high health insurance coverage rate of 94.1% and low poverty rate of 10.5% indicate a stable tenant base, making the area attractive to real estate investors.
What role do local industries play in shaping the real estate investment landscape in Braidwood? +
The top industries in Braidwood, including Manufacturing, Public Administration, and Transportation & Warehousing, & Utilities, play a significant role in shaping the local real estate investment landscape. These industries provide a steady stream of potential renters and contribute to the area's economic stability, which is further reinforced by the median household income of $59,538 and low poverty rate of 10.5%. The high homeownership rate of 79.6% and relatively low commute time of 30.2 minutes also suggest a stable and attractive market for real estate investors.

Braidwood IL Real Estate & City Facts

Key facts and real estate information about Braidwood IL.

What are some of the best neighborhoods to live in Braidwood? +
Unfortunately, I was unable to find specific neighborhood information, but Braidwood has a lot to offer, including a strong sense of community and a variety of outdoor activities.
What are some fun things to do in Braidwood? +
Braidwood has a rich history and natural beauty, with plenty of opportunities for outdoor recreation, such as hiking and fishing. You can also visit the Polk-A-Dot Drive In, a classic diner located on historic Route 66.
What is the food scene like in Braidwood? +
The food scene in Braidwood is casual and comforting, with plenty of great restaurants like Polk-A-Dot Drive In, which serves up classic American fare, and Cugini's Italian Restaurant, which offers a more upscale dining experience. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Braidwood? +
The pros of living in Braidwood include its strong sense of community, outdoor recreational opportunities, and affordable cost of living. However, some cons include limited job opportunities and a relatively small town feel, which may not be suitable for everyone.
Is Braidwood a good place to live? +
Overall, Braidwood is a great place to live for those who value a close-knit community, outdoor activities, and a relaxed pace of life. While it may not have all the amenities of a larger city, it has a unique charm and a lot to offer residents and visitors alike.
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