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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lake Forest, IL
$ 259,000
ROI
22.4
Cash Flow/m
190- 1 Bed
- 1 Bath
- 1017 sft
1301 N Western Ave Unit 332, Lake Forest, IL, 60045
$ 579,000
ROI
20.4Cash Flow/m
52- 2 Bed
- 2 Bath
- 1530 sft
1350 N Western Ave APT 111, Lake Forest, IL, 60045
$ 549,900
ROI
22.7Cash Flow/m
402- 2 Bed
- 2 Bath
- 1463 sft
1290 N Western Ave APT 103, Lake Forest, IL, 60045
$ 235,000
ROI
25.2Cash Flow/m
356- 1 Bed
- 2 Bath
- 932 sft
1301 N Western Ave Unit 307, Lake Forest, IL, 60045
Why Invest in Lake Forest, Illinois?
Investing in Lake Forest, IL, is a promising opportunity for those considering condo properties. The area has a strong demand for rentals, with an average rental yield of 5.2% and a cap rate around 6.1%. Expect steady appreciation rates and a thriving community with excellent amenities.
9%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Lake Forest is approximately $2,500 per month, reflecting the demand and quality of living in the area.
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