Condo Investment Properties for Sale in Elmwood Park, IL

Property at 2528 N Harlem Ave #3, Elmwood Park, IL
$ 339,000
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign701
  • 3 Bed
  • 2 Bath
  • 1581 sft
2528 N Harlem Ave #3, Elmwood Park, IL, 60707
Property at 2511 N 74th Ave #3, Elmwood Park, IL
$ 374,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign390
  • 2 Bed
  • 2 Bath
  • 1800 sft
2511 N 74th Ave #3, Elmwood Park, IL, 60707
Property at 7200 W Palmer St Unit 2SE, Elmwood Park, IL
$ 299,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign235
  • 2 Bed
  • 2 Bath
  • 1200 sft
7200 W Palmer St Unit 2SE, Elmwood Park, IL, 60707
Property at 2325 N Neva Ave APT 204B, Elmwood Park, IL
$ 159,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign35
  • 1 Bed
  • 1 Bath
  • 600 sft
2325 N Neva Ave APT 204B, Elmwood Park, IL, 60707

Why Invest in Elmwood Park, Illinois?

Investing in a condo in Elmwood Park, IL offers attractive opportunities due to its strong rental yield and growing community. The area has seen an appreciation rate of 3% over the past year, making it a promising option for investors seeking steady growth. Additionally, with an average cash flow of $200 per month and rental rates averaging $1,600, the potential rewards align well with investor expectations.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average condo price in Elmwood Park is approximately $250,000, making it accessible for various investors.

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