Condo Investment Properties in Park Ridge, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Park Ridge, IL

Property at 2400 W Talcott Rd APT 223, Park Ridge, IL
Listed for sale 1 day ago
$ 385,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign48
  • 3 Bed
  • 2 Bath
  • 1400 sft
2400 W Talcott Rd APT 223, Park Ridge, IL, 60068
Property at 2000 Parkside Dr APT Fg, Park Ridge, IL
$ 299,900
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 1 Bath
  • - sft
2000 Parkside Dr APT Fg, Park Ridge, IL, 60068
Property at 2300 Windsor Mall APT 2E, Park Ridge, IL
$ 349,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign197
  • 3 Bed
  • 2 Bath
  • 1700 sft
2300 Windsor Mall APT 2E, Park Ridge, IL, 60068
Property at 705 N Western Ave APT 1C, Park Ridge, IL
$ 269,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign64
  • 2 Bed
  • 1 Bath
  • - sft
705 N Western Ave APT 1C, Park Ridge, IL, 60068

Why Invest in Park Ridge, Illinois?

Investing in Park Ridge, IL, particularly in condos, offers a unique opportunity for investors. With an average ROI of 6% and a strong rental yield, this area presents a lucrative market for rental properties. Additionally, the appreciation rate of 4% annually makes it an attractive choice for long-term growth.

6%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in Park Ridge is approximately $1,800 per month, offering competitive rates in the suburban Chicago market.

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