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

Condo Investment Properties for Sale in Algonquin, IL

Property at 2035 Waverly Ln #2035, Algonquin, IL
Listed for sale 5 days ago
$ 264,900
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign451
  • 2 Bed
  • 2 Bath
  • 1086 sft
2035 Waverly Ln #2035, Algonquin, IL, 60102
Property at 1111 Saint Andrews Ct #0, Algonquin, IL
$ 316,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign117
  • 2 Bed
  • 2 Bath
  • 1295 sft
1111 Saint Andrews Ct #0, Algonquin, IL, 60102
Property at 2110 Peach Tree Ln #2110, Algonquin, IL
$ 280,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign362
  • 2 Bed
  • 2 Bath
  • 1193 sft
2110 Peach Tree Ln #2110, Algonquin, IL, 60102
Property at 2666 Loren Ct #2666, Algonquin, IL
$ 289,900
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign294
  • 2 Bed
  • 2 Bath
  • 1324 sft
2666 Loren Ct #2666, Algonquin, IL, 60102

Why Invest in Algonquin, Illinois?

Investing in Algonquin, IL, particularly in condos, offers a promising opportunity given the local market dynamics. With a rental yield of around 6% and an average cash flow of approximately $400 per month, this area is attracting serious attention from investors. Algonquin's ongoing development projects and strong community appeal further enhance its attractiveness for long-term investment.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Algonquin is approximately 6%, making it an attractive option for investors seeking stable returns.

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