Condo Investment Properties in Homewood, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Homewood, IL

Property at 840 Elder Rd #A305, Homewood, IL
$ 139,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign113
  • 2 Bed
  • 2 Bath
  • 1000 sft
840 Elder Rd #A305, Homewood, IL, 60430
Property at 3048 Matthew Ln APT A3, Homewood, IL
$ 209,700
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign151
  • 2 Bed
  • 2 Bath
  • - sft
3048 Matthew Ln APT A3, Homewood, IL, 60430
Property at 18065 Harwood Ave APT A, Homewood, IL
$ 194,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign307
  • 2 Bed
  • 2 Bath
  • 1240 sft
18065 Harwood Ave APT A, Homewood, IL, 60430
Property at 18310 Robin Ln APT D2, Homewood, IL
$ 194,900
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign255
  • 2 Bed
  • 2 Bath
  • 1000 sft
18310 Robin Ln APT D2, Homewood, IL, 60430

Why Invest in Homewood, Illinois?

Investing in condos in Homewood, IL, offers attractive opportunities for investors looking for consistent rental income. With an average rental yield of around 6% and a robust rental market, this location is poised for growth. Additionally, the local appreciation rate has shown promise, making it an appealing option for long-term investment.

7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in Homewood is approximately $1,200 per month, making it competitive within the local market.

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