Condo Investment Properties in Niles, 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 Niles, IL

Property at 7081 W Touhy Ave APT 407, Niles, IL
Currently Rented
Listed for sale 7 days ago
$ 245,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign279
  • 1 Bed
  • 1 Bath
  • 933 sft
7081 W Touhy Ave APT 407, Niles, IL, 60714
Property at 7450 N Waukegan Rd APT 505, Niles, IL
$ 350,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign585
  • 2 Bed
  • 2 Bath
  • 1600 sft
7450 N Waukegan Rd APT 505, Niles, IL, 60714
Property at 6755 N Milwaukee Ave APT 303, Niles, IL
Currently Rented
$ 279,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign141
  • 2 Bed
  • 2 Bath
  • - sft
6755 N Milwaukee Ave APT 303, Niles, IL, 60714
Property at 7051 W Touhy Ave APT 610, Niles, IL
$ 265,000
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign172
  • 1 Bed
  • 1 Bath
  • - sft
7051 W Touhy Ave APT 610, 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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