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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Homewood, IL
$ 194,000
ROI
25.5
Cash Flow/m
307- 2 Bed
- 2 Bath
- 1240 sft
18065 Harwood Ave APT A, Homewood, IL, 60430
$ 194,900
ROI
24.5Cash Flow/m
255- 2 Bed
- 2 Bath
- 1000 sft
18310 Robin Ln APT D2, Homewood, IL, 60430
$ 199,900
ROI
22.0Cash Flow/m
124- 2 Bed
- 2 Bath
- 1252 sft
2301 183rd St APT 401, Homewood, IL, 60430
Fix & Flip
$ 109,000
ROI
23.0Cash Flow/m
98- 2 Bed
- 2 Bath
- 950 sft
820 Elder Rd #C410, 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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