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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Oak Park, IL

$ 209,999
ROI
20.5
Cash Flow/m
42- 1 Bed
- 1 Bath
- - sft
420 Home Ave APT 107N, Oak Park, IL, 60302

$ 199,000
ROI
22.0
Cash Flow/m
122- 1 Bed
- 1 Bath
- - sft
219 N Oak Park Ave APT 3E, Oak Park, IL, 60302

$ 225,000
ROI
20.9
Cash Flow/m
74- 2 Bed
- 1 Bath
- - sft
342 N Austin Blvd APT 1, Oak Park, IL, 60302

$ 194,500
ROI
21.5
Cash Flow/m
93- 2 Bed
- 1 Bath
- 950 sft
920 Wesley Ave APT 1, Oak Park, IL, 60304
Why Invest in Oak Park, Illinois?
Investing in condos in Oak Park offers a balanced lifestyle with proximity to Chicago without the high costs. With an average rent around $1,800 per month and a rental yield of approximately 6%, this suburb can be an attractive option for investors. Furthermore, the increasing demand for housing in Illinois positions Oak Park as a market with potential appreciation and healthy cash flow.
10%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Oak Park is approximately $1,800 per month, making it an affordable option compared to nearby cities.
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