Condo Investment Properties for Sale in Palatine, IL
Fix & Flip
Listed for sale 5 days ago
$ 217,500
ROI
22.1
Cash Flow/m
139- 2 Bed
- 2 Bath
- 1150 sft
2000 Bayside Dr Unit 110, Palatine, IL, 60074
Listed for sale 7 days ago
$ 359,000
ROI
21.2Cash Flow/m
146- 2 Bed
- 2 Bath
- 1285 sft
50 N Plum Grove Rd Unit 206E, Palatine, IL, 60067
Listed for sale 7 days ago
$ 239,900
ROI
21.3Cash Flow/m
103- 2 Bed
- 2 Bath
- 1000 sft
2048 N Rand Rd APT 202, Palatine, IL, 60074
Listed for sale 7 days ago
$ 224,500
ROI
25.3Cash Flow/m
343- 2 Bed
- 2 Bath
- 1200 sft
1364 E Wyndham Cir APT 103, 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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