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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Oak Lawn, IL
$ 259,500
ROI
22.9
Cash Flow/m
228- 2 Bed
- 2 Bath
- 1300 sft
9420 S Melvina Ave APT 2NW, Oak Lawn, IL, 60453
$ 155,000
ROI
35.4Cash Flow/m
675- 2 Bed
- 1 Bath
- 950 sft
10801 S Keating Ave APT 2SE, Oak Lawn, IL, 60453
$ 219,999
ROI
26.0Cash Flow/m
384- 2 Bed
- 1 Bath
- 880 sft
9723 S Keeler Ave APT 308, Oak Lawn, IL, 60453
$ 210,000
ROI
20.6Cash Flow/m
49- 2 Bed
- 2 Bath
- 1200 sft
4123 W 98th St APT C, Oak Lawn, IL, 60453
Why Invest in Oak Lawn, Illinois?
Oak Lawn, IL condo investments offer strong potential for rental income and appreciation in this Chicago suburb. Recent data shows home values up 4% yearly, with median prices around $276K supporting solid cap rates. Renter-occupied units exceed 25%, driving demand for condos near major employers and transit. Annual appreciation of 4% combined with 6.5% rental yields make it attractive for cash flow investors. Low vacancy and steady job growth enhance long-term ROI.
8.5%
Avg. ROI
6.5%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average monthly rent for Oak Lawn condos is $1,650, supporting strong yields for investors. Demand from commuters and families keeps occupancy high. Figures align with Chicago metro trends.
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