Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mchenry, IL

$ 205,000
ROI
21.6
Cash Flow/m
105- 2 Bed
- 2 Bath
- 1296 sft
4240 Savoy Ln #0, McHenry, IL, 60050

$ 139,000
ROI
23.5
Cash Flow/m
143- 1 Bed
- 1 Bath
- 700 sft
4302 W Shamrock Ln APT 2G, McHenry, IL, 60050

Fix & Flip
$ 147,400
ROI
29.7
Cash Flow/m
406- 1 Bed
- 1 Bath
- 725 sft
4312 W Shamrock Ln APT 3A, McHenry, IL, 60050

$ 215,000
ROI
30.8
Cash Flow/m
661- 3 Bed
- 2 Bath
- 1281 sft
5202 Winslow Cir APT B, McHenry, IL, 60050
Why Invest in Mchenry, Illinois?
McHenry, IL offers strong opportunities for condo investors seeking steady rental income near Chicago. Average rents around $1,925 support solid cash flow with low vacancy risks. Appreciation has averaged 5-6% annually, driven by regional growth. Cap rates hover at 6-7%, appealing for long-term holds. Renter occupancy exceeds 30%, bolstered by commuter demand.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1925/mo
Avg. Rent
5.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer 6-7% cap rates and 5.5% appreciation amid stable demand. Proximity to Chicago supports rentals at $1,900+ monthly. Low vacancy enhances cash flow reliability.
Find Your Perfect Investment Property in Mchenry, Illinois
Explore investment opportunities by strategy, performance, or property type
