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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
Listed for sale today
$ 198,500
ROI
22.1
Cash Flow/m
128- 2 Bed
- 2 Bath
- 1128 sft
9813 S Keeler Ave APT B, Oak Lawn, IL, 60453
Listed for sale 2 days ago
$ 189,900
ROI
22.6Cash Flow/m
152- 2 Bed
- 2 Bath
- 1000 sft
9555 Southwest Hwy APT 1S, Oak Lawn, IL, 60453
Currently Rented
Listed for sale 3 days ago
$ 189,900
ROI
20.7Cash Flow/m
48- 2 Bed
- 2 Bath
- 1115 sft
9535 S 54th Ave APT 3N, Oak Lawn, IL, 60453
Listed for sale 4 days ago
$ 185,000
ROI
23.2Cash Flow/m
175- 2 Bed
- 2 Bath
- 1000 sft
9820 S Pulaski Rd APT 315, 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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