Condo Investment Properties for Sale in Downers Grove, IL
Listed for sale 5 days ago
$ 189,000
ROI
25.1
Cash Flow/m
279- 1 Bed
- 1 Bath
- 660 sft
7344 Country Creek Way Unit 1, Downers Grove, IL, 60516
$ 250,000
ROI
22.8Cash Flow/m
213- 2 Bed
- 2 Bath
- 968 sft
7353 Blackburn Ave #K-106, Downers Grove, IL, 60516
$ 249,000
ROI
22.1Cash Flow/m
161- 2 Bed
- 2 Bath
- 1058 sft
8020 Woodglen Ln APT 202, Downers Grove, IL, 60516
$ 299,900
ROI
24.8Cash Flow/m
418- 2 Bed
- 2 Bath
- 1217 sft
907 Curtiss St APT 404, Downers Grove, IL, 60515
Why Invest in Downers Grove, Illinois?
Investing in condos in Downers Grove, IL, offers a unique opportunity in a robust market. The area boasts an average rental yield of around 6%, reflecting strong demand for rental properties. Additionally, the city has historically seen property appreciation rates of about 4% annually, making it an attractive option for investors seeking steady income and growth.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average condo prices in Downers Grove currently range around $300,000. This positions them as an accessible option for many first-time home buyers and investors.
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