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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mount Prospect, IL
$ 258,000
ROI
20.5
Cash Flow/m
57- 2 Bed
- 2 Bath
- 1200 sft
502 W Huntington Commons Rd APT 443, Mount Prospect, IL, 60056
$ 209,000
ROI
22.5Cash Flow/m
160- 1 Bed
- 1 Bath
- 750 sft
725 W Huntington Commons Rd APT 416, Mount Prospect, IL, 60056
$ 289,000
ROI
20.0Cash Flow/m
19- 2 Bed
- 2 Bath
- - sft
1101 S Hunt Club Dr APT 403, Mount Prospect, IL, 60056
Rental Income
$ 237,900
ROI
23.9Cash Flow/m
272- 2 Bed
- 1 Bath
- 1500 sft
728 Dempster St #207, Mount Prospect, IL, 60056
Why Invest in Mount Prospect, Illinois?
Investing in a condo in Mount Prospect, IL, offers a unique opportunity to tap into a growing real estate market. With the average rent for condos on the rise and strong rental yields, this suburban area is attractive for both seasoned and first-time investors. Chicago's metropolitan accessibility adds to its appeal, ensuring a steady influx of potential renters.
7.5%
Avg. ROI
5.2%
Rental Yield
6.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Mount Prospect is approximately $1,500 per month, reflecting recent growth trends in the rental market.
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