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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lake Villa, IL
$ 280,000
ROI
23.5
Cash Flow/m
289- 3 Bed
- 3 Bath
- 1718 sft
2874 Falling Waters Ln #2874, Lake Villa, IL, 60046
$ 245,000
ROI
25.5Cash Flow/m
388- 2 Bed
- 3 Bath
- 1412 sft
3129 Falling Waters Ln #3129, Lake Villa, IL, 60046
$ 325,000
ROI
21.8Cash Flow/m
181- 3 Bed
- 3 Bath
- 2722 sft
318 Berkshire Dr #318, Lake Villa, IL, 60046
$ 212,000
ROI
33.5Cash Flow/m
808- 2 Bed
- 2 Bath
- 1203 sft
2877 Falling Waters Dr #2877, Lake Villa, IL, 60046
Why Invest in Lake Villa, Illinois?
Investing in condos in Lake Villa, IL offers a great opportunity for strong rental yield and steady appreciation. The area has a growing community with an average rent that reflects the rising demand for housing in suburban locations. With a cap rate of around 6% and a rental yield of 8%, this market presents prospects for both new and seasoned investors.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Lake Villa, IL is approximately $1,500 per month. This figure can vary based on the size and location of the property within the area.
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