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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Palos Park, IL

$ 280,000
ROI
24.8
Cash Flow/m
396- 2 Bed
- 2 Bath
- 1400 sft
9729 Mill Ct E APT B1, Palos Park, IL, 60464

$ 340,000
ROI
24.5
Cash Flow/m
453- 2 Bed
- 2 Bath
- 1905 sft
9840 Terrace Dr #E2, Palos Park, IL, 60464

$ 329,500
ROI
24.4
Cash Flow/m
428- 2 Bed
- 2 Bath
- 1500 sft
5 Saint Moritz Dr UNIT 101, Palos Park, IL, 60464

$ 245,000
ROI
42.8
Cash Flow/m
1571- 2 Bed
- 2 Bath
- 1500 sft
9752 Mill Dr E #1E, Palos Park, IL, 60464
Why Invest in Palos Park, Illinois?
Investing in condos in Palos Park, IL, presents a unique opportunity in a serene suburban environment. With a strong rental demand, investors can anticipate favorable metrics such as an average rental yield of 5.5% and a cap rate of 7%. The area boasts steady appreciation rates and a mix of tenant demographics that make it an attractive market for real estate investments.
8%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Palos Park is robust, with strong demand for condos. Investors can expect a healthy rental yield and consistent occupancy rates.
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