Condo Investment Properties for Sale in Prospect Heights, IL
Fix & Flip
$ 199,999
ROI
23.1
Cash Flow/m
188- 3 Bed
- 2 Bath
- 1400 sft
834 E Old Willow Rd APT 216, Prospect Heights, IL, 60070
$ 340,000
ROI
24.3Cash Flow/m
431- 3 Bed
- 2 Bath
- 1584 sft
480 Green Bridge Ln APT B, Prospect Heights, IL, 60070
$ 340,000
ROI
21.8Cash Flow/m
197- 3 Bed
- 2 Bath
- 1584 sft
480 Green Bridge Ln #480, Prospect Heights, IL, 60070
$ 274,900
ROI
21.0Cash Flow/m
99- 2 Bed
- 1 Bath
- 1100 sft
1532 Cove Dr #243-A, Prospect Heights, IL, 60070
Why Invest in Prospect Heights, Illinois?
Investing in condos in Prospect Heights, IL offers a unique opportunity due to its attractive community features and growing real estate market. The average rental yield in this area is approximately 7%, making it a lucrative option for investors. Additionally, the area has shown consistent appreciation of around 4% annually, providing solid returns over time.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average price for a condo in Prospect Heights is approximately $250,000, making it an accessible option for many investors.
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