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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Galena, IL
Listed for sale 1 day ago
$ 176,000
ROI
20.4
Cash Flow/m
33- 1 Bed
- 1 Bath
- 784 sft
C11 Long Bay Point Dr, Galena, IL, 61036
$ 299,900
ROI
20.3Cash Flow/m
44- 3 Bed
- 2 Bath
- 1469 sft
316 Elk St, Galena, IL, 61036
$ 155,000
ROI
21.1Cash Flow/m
57- 1 Bed
- 1 Bath
- 808 sft
2 Long Bay Point 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
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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