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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
Listed for sale today
$ 724,000
ROI
21.3
Cash Flow/m
246- 3 Bed
- 3 Bath
- 1800 sft
1024 Washington Blvd #301, Oak Park, IL, 60302
Currently Rented
Listed for sale 1 day ago
$ 250,000
ROI
22.8Cash Flow/m
215- 2 Bed
- 1 Bath
- 912 sft
821 Lake St APT 2S, Oak Park, IL, 60301
Currently Rented
Listed for sale 5 days ago
$ 225,000
ROI
20.1Cash Flow/m
24- 2 Bed
- 1 Bath
- 1000 sft
240 S Maple Ave APT 3W, Oak Park, IL, 60302
Listed for sale 6 days ago
$ 200,000
ROI
21.7Cash Flow/m
110- 1 Bed
- 1 Bath
- - sft
221 N Oak Park Ave APT 2E, Oak Park, IL, 60302
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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