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 2300 W Talcott Rd APT 1D, Park Ridge, IL
$ 225,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign238
  • 2 Bed
  • 2 Bath
  • 1678 sft
2300 W Talcott Rd APT 1D, Park Ridge, IL, 60068
Property at 1710 Dempster St APT A, Park Ridge, IL
$ 255,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign51
  • 2 Bed
  • 1 Bath
  • - sft
1710 Dempster St APT A, Park Ridge, IL, 60068
Property at (Undisclosed Address), Park Ridge, IL
$ 349,900
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign391
  • 2 Bed
  • 2 Bath
  • - sft
(Undisclosed Address), Park Ridge, IL, 60068
Property at 1333 W Touhy Ave APT 102, Park Ridge, IL
$ 260,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign292
  • 2 Bed
  • 2 Bath
  • 1000 sft
1333 W Touhy Ave APT 102, 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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