Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Joliet, IL
Listed for sale 7 days ago
$ 185,000
ROI
24.4
Cash Flow/m
237- 2 Bed
- 1 Bath
- 882 sft
1113 Gael Dr Unit B, Joliet, IL, 60435
$ 235,000
ROI
23.4Cash Flow/m
241- 2 Bed
- 2 Bath
- 1545 sft
2722 Harbor Dr #2722, Joliet, IL, 60431
$ 189,000
ROI
22.5Cash Flow/m
145- 2 Bed
- 2 Bath
- 1000 sft
3107 Ingalls Ave APT 3B, Joliet, IL, 60435
Fix & Flip
$ 121,101
ROI
42.4Cash Flow/m
763- 2 Bed
- 1 Bath
- 822 sft
212 Madison St UNIT 1B, Joliet, IL, 60435
Why Invest in Joliet, Illinois?
Joliet, IL offers strong investment potential in **condos**, with steady appreciation and solid rental demand near Chicago. Home values rose 13.2% year-over-year to a $300K median, signaling robust growth[1]. Average rents support healthy cash flows, while cap rates around 6-7% attract investors. Proximity to major employers and infrastructure upgrades enhances long-term ROI. Renter occupancy remains high at 35%, ideal for passive income strategies.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
5.8%
1Y Appreciation
Frequently Asked Questions
Yes, Joliet condos offer solid cap rates around 6.5% and 5-6% appreciation amid rising home values. Strong renter demand from commuters supports steady cash flow. Proximity to Chicago enhances long-term value.
Find Your Perfect Investment Property in Joliet, Illinois
Explore investment opportunities by strategy, performance, or property type
