Condo Investment Properties for Sale in Oak Park, IL

Property at 720 N Austin Blvd APT 2SW, Oak Park, IL
Fix & Flip
Listed for sale 2 days ago
$ 139,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign128
  • 2 Bed
  • 1 Bath
  • 1050 sft
720 N Austin Blvd APT 2SW, Oak Park, IL, 60302
Property at 403 S Harvey Ave APT 2B, Oak Park, IL
$ 185,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign128
  • 1 Bed
  • 1 Bath
  • - sft
403 S Harvey Ave APT 2B, Oak Park, IL, 60302
Property at 420 Home Ave APT 109N, Oak Park, IL
Currently Rented
$ 189,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign188
  • 1 Bed
  • 1 Bath
  • - sft
420 Home Ave APT 109N, Oak Park, IL, 60302
Property at 420 S Kenilworth Ave APT 18, Oak Park, IL
$ 217,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign204
  • 2 Bed
  • 1 Bath
  • 700 sft
420 S Kenilworth Ave APT 18, 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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