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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
Airbnb Potential
$ 159,000
ROI
23.0
Cash Flow/m
145- 2 Bed
- 1 Bath
- 753 sft
53 Oak Hill Colony APT 4, Fox Lake, IL, 60020
$ 119,000
ROI
22.0Cash Flow/m
75- 2 Bed
- 1 Bath
- 690 sft
11 Saint Thomas Colony APT 1, Fox Lake, IL, 60020
$ 179,900
ROI
21.9Cash Flow/m
109- 2 Bed
- 2 Bath
- 1050 sft
22 N Pistakee Lake Rd APT 3E, Fox Lake, IL, 60020
$ 294,900
ROI
22.5Cash Flow/m
226- 2 Bed
- 2 Bath
- 1491 sft
7202 Oxford Cir #237, 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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