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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Chicago, IL
Listed for sale 1 day ago
$ 239,000
ROI
25.1
Cash Flow/m
352- 1 Bed
- 1 Bath
- - sft
1620 S Michigan Ave Unit 418, Chicago, IL, 60616
$ 365,000
ROI
24.5Cash Flow/m
478- 2 Bed
- 1 Bath
- - sft
1449 W Belle Plaine Ave #1W, CHICAGO, IL, 60613
$ 525,000
ROI
20.6Cash Flow/m
81- 9 Bed
- 3 Bath
- - sft
663 E 50th Street #ALL UNITS, chicago, IL, 60615
Listed for sale 1 day ago
$ 265,000
ROI
22.8Cash Flow/m
221- 2 Bed
- 2 Bath
- 1150 sft
8359 W Addison St APT 207, Chicago, IL, 60634
Why Invest in Chicago, Illinois?
Chicago condos offer strong investment potential in a market poised for growth in 2026. Low inventory and surging rental demand drive high appreciation and cash flow for condo investors. With median home prices projected to rise 5%, and rents growing up to 10.7% on new leases, cap rates remain attractive around 6-7%. Renter-occupied units exceed 50%, ensuring steady income in this resilient metro. Economic stability and urban revitalization further boost long-term ROI for condos.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Yes, with projected 5% price appreciation and 7-10% rent growth, condos offer solid ROI. Low inventory sustains demand. Focus on renter-heavy neighborhoods for best cash flow.
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