Condo Investment Properties for Sale in Algonquin, IL

Property at 2005 Teton Pkwy #2005, Algonquin, IL
$ 230,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign76
  • 1 Bed
  • 2 Bath
  • 979 sft
2005 Teton Pkwy #2005, Algonquin, IL, 60102
Property at 1621 Glengarry Ct #1621, Algonquin, IL
$ 299,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign279
  • 2 Bed
  • 2 Bath
  • 1295 sft
1621 Glengarry Ct #1621, Algonquin, IL, 60102
Property at 1586 Matthew Dr #1586, Algonquin, IL
$ 320,500
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign84
  • 2 Bed
  • 2 Bath
  • 1350 sft
1586 Matthew Dr #1586, Algonquin, IL, 60102
Property at 16 Cloverdale Ct #16, Algonquin, IL
Fix & Flip
$ 295,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign207
  • 2 Bed
  • 3 Bath
  • 1432 sft
16 Cloverdale Ct #16, 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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