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

$ 225,000
ROI
24.7
Cash Flow/m
308- 2 Bed
- 2 Bath
- 1601 sft
1424 Fairview Ct, Pekin, IL, 61554

$ 120,000
ROI
37.5
Cash Flow/m
593- 2 Bed
- 2 Bath
- 1250 sft
1471 Valle Vista Blvd APT 6, Pekin, IL, 61554

$ 192,000
ROI
30.3
Cash Flow/m
561- 2 Bed
- 2 Bath
- 2056 sft
2343 Lakeshore Dr #26, Pekin, IL, 61554

$ 165,000
ROI
37.1
Cash Flow/m
795- 3 Bed
- 3 Bath
- 2040 sft
1461 Valle Vista Blvd APT 30, Pekin, IL, 61554
Why Invest in Pekin, Illinois?
Investing in condos in Pekin, IL offers a unique opportunity characterized by stable rental demand and favorable property prices. With an average rental yield of 7.5%, you can benefit from a solid return on your investment while enjoying an average cash flow of $300 per month. The local appreciation rate stands at 4% annually, making this an attractive market for both new and seasoned investors.
8%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Pekin, IL is approximately $1,200 per month, making it competitive for investors due to strong demand.
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