Condo Investment Properties in New Lenox, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in New Lenox, IL

Property at 893 Meadow Ridge Ln #0, New Lenox, IL
$ 315,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign605
  • 2 Bed
  • 2 Bath
  • 1673 sft
893 Meadow Ridge Ln #0, New Lenox, IL, 60451
Property at 1906 Heatherway Ln Unit 10, New Lenox, IL
$ 269,900
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign656
  • 2 Bed
  • 2 Bath
  • 1200 sft
1906 Heatherway Ln Unit 10, New Lenox, IL, 60451
Property at 417 Manor Ct Unit B, New Lenox, IL
$ 259,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign370
  • 2 Bed
  • 2 Bath
  • 1162 sft
417 Manor Ct Unit B, New Lenox, IL, 60451
Property at 214 Manor Dr Unit C, New Lenox, IL
$ 225,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign27
  • 2 Bed
  • 2 Bath
  • 1400 sft
214 Manor Dr Unit C, New Lenox, IL, 60451

Why Invest in New Lenox, Illinois?

Investing in condos in New Lenox, IL offers a great opportunity for real estate investors. With a rental yield of about 6% and an average cash flow of $300 per month, this location is showcasing strong potential. Additionally, the area has seen an appreciation rate of 4% over the past year, making it an attractive option for long-term investments.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rate for condos in New Lenox is approximately $1,500 per month, making it an attractive option for renters and investors alike.

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