Condo Investment Properties for Sale in Addison, IL

Property at 700 N Briar Hill Ln APT 5, Addison, IL
Listed for sale 6 days ago
$ 224,997
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign258
  • 2 Bed
  • 2 Bath
  • - sft
700 N Briar Hill Ln APT 5, Addison, IL, 60101
Property at 649 N Briar Hill Ln APT 1, Addison, IL
$ 179,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign112
  • 1 Bed
  • 2 Bath
  • - sft
649 N Briar Hill Ln APT 1, Addison, IL, 60101
Property at 1275 W Lake St APT 303, Addison, IL
$ 349,900
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign110
  • 3 Bed
  • 3 Bath
  • 1876 sft
1275 W Lake St APT 303, Addison, IL, 60101
Property at 235 Mill Rd APT 204B, Addison, IL
$ 169,990
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign369
  • 1 Bed
  • 1 Bath
  • 750 sft
235 Mill Rd APT 204B, Addison, IL, 60101

Why Invest in Addison, Illinois?

Investing in condos in Addison, IL presents a unique opportunity for investors looking for stable cash flow and appreciation potential. With a vibrant community and robust rental demand, condos in this area offer promising metrics for rental yields and average rent. Additionally, Addison's vacancy rates remain low, making it an attractive market for real estate investment.

9.5%
Avg. ROI
6%
Rental Yield
7.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average price of condos in Addison, IL typically ranges from $200,000 to $350,000, depending on location and amenities.

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