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

Condo Investment Properties for Sale in Mchenry, IL

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
Property at 5202 Winslow Cir APT A, McHenry, IL
$ 230,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign209
  • 3 Bed
  • 2 Bath
  • 1152 sft
5202 Winslow Cir APT A, McHenry, IL, 60050
Property at 4913 W Oakwood Dr, McHenry, IL
$ 190,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign215
  • 2 Bed
  • 2 Bath
  • 1187 sft
4913 W Oakwood Dr, McHenry, IL, 60050
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

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

Buy & Hold Rentals in Mchenry, IL
Fix and Flip Properties in Mchenry, IL
Short-Term Rental Properties in Mchenry, IL
AI