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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Palos Heights, IL
Listed for sale 1 day ago
$ 385,000
ROI
22.5
Cash Flow/m
290- 3 Bed
- 2 Bath
- 1934 sft
7834 W Foresthill Ct APT 1CR, Palos Heights, IL, 60463
$ 299,000
ROI
23.4Cash Flow/m
302- 2 Bed
- 2 Bath
- 1230 sft
(Undisclosed Address), Palos Heights, IL, 60463
$ 305,000
ROI
24.1Cash Flow/m
368- 2 Bed
- 2 Bath
- 1400 sft
7625 W Arquilla Dr APT 1A, Palos Heights, IL, 60463
$ 338,500
ROI
25.2Cash Flow/m
509- 3 Bed
- 2 Bath
- 1900 sft
42 Parliament Dr W, Palos Heights, IL, 60463
Why Invest in Palos Heights, Illinois?
Investing in condos in Palos Heights, IL presents a unique opportunity for a steady income stream and strong appreciation potential. The area boasts a robust rental market, with a rental yield that consistently outperforms many neighboring regions, attracting both local and out-of-state investors. With a cap rate of around 8%, investors can expect favorable cash flow in this conveniently located suburb, ideal for both families and young professionals.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Palos Heights is approximately $2000 per month, which provides a competitive rental yield for investors.
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