Condo Investment Properties for Sale in Park Ridge, IL

Property at 201 Thames Pkwy APT 3A, Park Ridge, IL
Listed for sale 3 days ago
$ 265,000
ROI
20.0ROI percentage
Cash Flow/m
Dollar sign17
  • 2 Bed
  • 2 Bath
  • 1415 sft
201 Thames Pkwy APT 3A, Park Ridge, IL, 60068
Property at 2600 Windsor Mall APT 2E, Park Ridge, IL
$ 284,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign173
  • 2 Bed
  • 2 Bath
  • 1320 sft
2600 Windsor Mall APT 2E, Park Ridge, IL, 60068
Property at 2500 Archbury Ln APT 3H, Park Ridge, IL
$ 275,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign500
  • 2 Bed
  • 2 Bath
  • 1250 sft
2500 Archbury Ln APT 3H, Park Ridge, IL, 60068
Property at 2400 W Talcott Rd APT 223, Park Ridge, IL
$ 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

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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