Condo Investment Properties in Mchenry, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Mchenry, IL

Property at 907 Royal Dr APT 3B, McHenry, IL
$ 185,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign269
  • 2 Bed
  • 2 Bath
  • 1095 sft
907 Royal Dr APT 3B, McHenry, IL, 60050
Property at 915 Royal Dr #A3, McHenry, IL
$ 175,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign187
  • 2 Bed
  • 1 Bath
  • 1052 sft
915 Royal Dr #A3, McHenry, IL, 60050
Property at 5311 Glenbrook Trl #0, McHenry, IL
$ 279,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign550
  • 2 Bed
  • 2 Bath
  • 1177 sft
5311 Glenbrook Trl #0, McHenry, IL, 60050
Property at 603 Waters Edge Dr APT D, McHenry, IL
$ 200,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign228
  • 2 Bed
  • 2 Bath
  • 1112 sft
603 Waters Edge Dr APT D, 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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