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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Galena, IL
Fix & Flip
$ 278,000
ROI
20.6
Cash Flow/m
65- 3 Bed
- 3 Bath
- 1783 sft
813 Shadow Bluff Dr, Galena, IL, 61036
Rental Income
$ 240,000
ROI
22.2Cash Flow/m
166- 2 Bed
- 2 Bath
- 1260 sft
109 Walnut Hill Dr, Galena, IL, 61036
$ 150,000
ROI
23.1Cash Flow/m
139- 1 Bed
- 1 Bath
- 808 sft
B10 Long Bay Point Dr #B10, Galena, IL, 61036
$ 150,000
ROI
26.4Cash Flow/m
278- 1 Bed
- 1 Bath
- 808 sft
B10 Long Bay Point Dr, Galena, IL, 61036
Why Invest in Galena, Illinois?
Investing in condos in Galena, IL presents a unique opportunity for real estate investors. With a rich historical backdrop and a strong tourism sector, condos here tend to have reliable rental yields. The region has seen consistent appreciation rates, making it a promising locale for long-term investments.
7%
Avg. ROI
5.5%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Galena, IL is approximately $1,200 per month. This price can vary depending on the location and amenities offered.
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