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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
$ 299,999
ROI
22.1
Cash Flow/m
196- 2 Bed
- 2 Bath
- 1200 sft
1777 W Crystal Ln Unit 307, Mount Prospect, IL, 60056
$ 264,900
ROI
24.1Cash Flow/m
321- 2 Bed
- 2 Bath
- 1200 sft
502 W Huntington Commons Rd APT 339, Mount Prospect, IL, 60056
$ 274,999
ROI
21.3Cash Flow/m
116- 2 Bed
- 2 Bath
- - sft
1101 S Hunt Club Dr APT 403, Mount Prospect, IL, 60056
$ 299,900
ROI
21.6Cash Flow/m
151- 2 Bed
- 2 Bath
- 1300 sft
1717 W Crystal Ln Unit 702, 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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