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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lansing, IL
Rental Income
$ 110,000
ROI
22.7
Cash Flow/m
90- 2 Bed
- 1 Bath
- 950 sft
18555 Hickory Ct APT 21, Lansing, IL, 60438
$ 118,000
ROI
36.4Cash Flow/m
547- 2 Bed
- 1 Bath
- 1000 sft
18550 Torrence Ave APT 25, Lansing, IL, 60438
$ 130,000
ROI
42.6Cash Flow/m
828- 2 Bed
- 1 Bath
- 900 sft
2237 175th St APT 2A, Lansing, IL, 60438
$ 135,000
ROI
22.7Cash Flow/m
110- 2 Bed
- 1 Bath
- 900 sft
2237 175th St APT 2B, Lansing, IL, 60438
Why Invest in Lansing, Illinois?
Investing in condos in Lansing, IL, offers promising opportunities as the area is experiencing a steady rental demand. The average rent for condos is competitive, and local investors are seeing a healthy cash flow with a cap rate currently around 6%. With a renter-occupied rate of 76%, this market is ripe for investment.
9%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Lansing is approximately $1,200 per month, making it a competitive market for renters.
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