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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Morton, IL

$ 249,000
ROI
20.7
Cash Flow/m
63- 2 Bed
- 3 Bath
- 1332 sft
44 Brooke Cir, Morton, IL, 61550

$ 169,000
ROI
28.6
Cash Flow/m
418- 2 Bed
- 2 Bath
- 1445 sft
2024 S 2nd Ave, Morton, IL, 61550

$ 239,900
ROI
27.7
Cash Flow/m
528- 3 Bed
- 3 Bath
- 1557 sft
1830 Robin Ave, Morton, IL, 61550

$ 199,900
ROI
20.3
Cash Flow/m
27- 3 Bed
- 3 Bath
- 2125 sft
2223 Veterans Rd UNIT 14, Morton, IL, 61550
Why Invest in Morton, Illinois?
Investing in Morton, Illinois, especially in condos, offers a unique opportunity to capitalize on the growing rental market. With a strong average rental yield and favorable cap rates, Morton attracts investors seeking reliable cash flow and appreciation potential. The area is demonstrating steady economic growth, which bolsters the viability of condo investments.
7%
Avg. ROI
5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Morton is approximately $1,200 per month. This rate reflects the increasing demand for rental properties in the area.
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