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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
28.6Cash Flow/m
418- 2 Bed
- 2 Bath
- 1445 sft
2024 S 2nd Ave, Morton, IL, 61550
$ 152,500
ROI
29.6Cash Flow/m
417- 2 Bed
- 2 Bath
- 1140 sft
2223 Veterans Rd UNIT 2, Morton, IL, 61550
$ 175,000
ROI
23.4Cash Flow/m
178- 2 Bed
- 2 Bath
- 1325 sft
2000 S 2nd Ave #2000, 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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