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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Fox Lake, IL
$ 179,900
ROI
21.9
Cash Flow/m
109- 2 Bed
- 2 Bath
- 1050 sft
22 N Pistakee Lake Rd APT 3E, Fox Lake, IL, 60020
Fix & Flip
$ 169,500
ROI
25.3Cash Flow/m
260- 2 Bed
- 1 Bath
- 1056 sft
69 White Oaks Rd #69, Fox Lake, IL, 60020
$ 150,000
ROI
21.8Cash Flow/m
86- 2 Bed
- 1 Bath
- 754 sft
51 Oak Hill Colony APT 4, Fox Lake, IL, 60020
$ 185,000
ROI
32.5Cash Flow/m
654- 2 Bed
- 1 Bath
- 1036 sft
590 Fox Ridge Dr #590, Fox Lake, IL, 60020
Why Invest in Fox Lake, Illinois?
Investing in condos in Fox Lake, IL, offers a great opportunity for rental income and long-term appreciation. The area has shown a steady annual appreciation rate of around 4%, while rental yields are competitive at approximately 7.5%. With the average rent for condos sitting at $1,200 and a strong renter-occupied rate of 60%, now is an excellent time to consider investment in this vibrant community.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average condo prices in Fox Lake are around $200,000, making it an affordable option for many investors and homebuyers.
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