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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Palatine, IL
Listed for sale today
$ 365,000
ROI
20.0
Cash Flow/m
26- 2 Bed
- 2 Bath
- 1285 sft
50 N Plum Grove Rd Unit 202E, Palatine, IL, 60067
Listed for sale 4 days ago
$ 135,000
ROI
36.1Cash Flow/m
613- 1 Bed
- 1 Bath
- 650 sft
2A E Dundee Quarter Dr Unit 208, Palatine, IL, 60074
Listed for sale 6 days ago
$ 235,000
ROI
20.1Cash Flow/m
26- 2 Bed
- 1 Bath
- 1159 sft
1728 N Emerald Bay Unit 4, Palatine, IL, 60074
$ 273,000
ROI
21.9Cash Flow/m
162- 2 Bed
- 2 Bath
- 1100 sft
2249 N Enlund Dr Unit 2, Palatine, IL, 60074
Why Invest in Palatine, Illinois?
Investing in condos in Palatine, IL offers an excellent opportunity for real estate investors. With an average rental yield of 6% and appreciating property values, this area is a prime spot for both long-term and short-term investments. The proximity to Chicago adds to its appeal, making it a desired location for renters.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Palatine, IL is approximately $1,800 per month. This makes it an attractive option for renters looking for affordable housing near Chicago.
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