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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Niles, IL
Listed for sale today
$ 309,000
ROI
20.4
Cash Flow/m
52- 2 Bed
- 2 Bath
- 1425 sft
8101 W Courte Dr APT 204, Niles, IL, 60714
Currently Rented
$ 235,900
ROI
25.0Cash Flow/m
342- 1 Bed
- 1 Bath
- 933 sft
7081 W Touhy Ave APT 407, Niles, IL, 60714
Currently Rented
$ 383,000
ROI
22.3Cash Flow/m
269- 2 Bed
- 2 Bath
- 1200 sft
6701 N Milwaukee Ave APT 303, Niles, IL, 60714
Currently Rented
$ 279,000
ROI
21.6Cash Flow/m
141- 2 Bed
- 2 Bath
- - sft
6755 N Milwaukee Ave APT 303, Niles, IL, 60714
Why Invest in Niles, Illinois?
Investing in a condo in Niles, IL, offers a unique opportunity for those seeking prime real estate in a suburban setting. With an average rental yield of around 6% and cap rates hovering near 8%, Niles presents an attractive market for both new and seasoned investors. Condo living appeals to a younger demographic, while the area boasts low vacancy rates, making it a solid investment choice.
12%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The current rental yield for condos in Niles is approximately 6%, making it an appealing market for real estate investors.
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