Condo Investment Properties for Sale in Mchenry, IL

Property at 824 Wiltshire Dr APT 1, McHenry, IL
Listed for sale 3 days ago
$ 185,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign262
  • 2 Bed
  • 1 Bath
  • 1049 sft
824 Wiltshire Dr APT 1, McHenry, IL, 60050
Property at 32462 N Allegheny Way #0, McHenry, IL
Listed for sale 3 days ago
$ 315,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign199
  • 3 Bed
  • 3 Bath
  • 1468 sft
32462 N Allegheny Way #0, McHenry, IL, 60051
Property at 4404 W Shamrock Ln APT 1A, McHenry, IL
$ 185,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign187
  • 2 Bed
  • 2 Bath
  • 960 sft
4404 W Shamrock Ln APT 1A, McHenry, IL, 60050
Property at 205 N Creekside Trl, McHenry, IL
$ 219,900
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign49
  • 2 Bed
  • 2 Bath
  • 1104 sft
205 N Creekside Trl, 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.

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