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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 1 day ago
$ 190,000
ROI
22.9
Cash Flow/m
167- 1 Bed
- 1 Bath
- 850 sft
500 N Wilke Rd APT 105, Palatine, IL, 60074
Listed for sale 2 days ago
$ 270,000
ROI
20.9Cash Flow/m
85- 2 Bed
- 2 Bath
- 1200 sft
2500 Bayside Dr Unit 3, Palatine, IL, 60074
Listed for sale 6 days ago
$ 268,900
ROI
24.6Cash Flow/m
363- 3 Bed
- 2 Bath
- 1100 sft
823 E Coach Rd Unit 8, Palatine, IL, 60074
$ 195,000
ROI
23.5Cash Flow/m
201- 1 Bed
- 1 Bath
- 900 sft
950 E Wilmette Rd Unit 330, 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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