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 222 Bakers Dr W #222, McHenry, IL
$ 259,900
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign564
  • 2 Bed
  • 2 Bath
  • 1510 sft
222 Bakers Dr W #222, McHenry, IL, 60051
Property at 32481 Bakers Dr #32481, McHenry, IL
$ 297,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign685
  • 3 Bed
  • 3 Bath
  • 1578 sft
32481 Bakers Dr #32481, McHenry, IL, 60051
Property at 4809 W Oakwood Dr, McHenry, IL
$ 199,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign128
  • 2 Bed
  • 2 Bath
  • 1246 sft
4809 W Oakwood Dr, McHenry, IL, 60050
Property at 715 Legend Ln #715, McHenry, IL
$ 265,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign536
  • 2 Bed
  • 2 Bath
  • 1534 sft
715 Legend Ln #715, 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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