Condo Investment Properties for Sale in River Forest, IL

Property at 1010 N Harlem Ave APT 504, River Forest, IL
$ 425,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign213
  • 3 Bed
  • 2 Bath
  • 1750 sft
1010 N Harlem Ave APT 504, River Forest, IL, 60305
Property at 427 Edgewood Pl #2N, River Forest, IL
$ 210,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign281
  • 2 Bed
  • 1 Bath
  • 800 sft
427 Edgewood Pl #2N, River Forest, IL, 60305
Property at 7318 Lake St APT 4, River Forest, IL
$ 164,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign291
  • 1 Bed
  • 1 Bath
  • 800 sft
7318 Lake St APT 4, River Forest, IL, 60305
Property at 409 Lathrop Ave APT 1B, River Forest, IL
$ 175,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign128
  • 1 Bed
  • 1 Bath
  • 750 sft
409 Lathrop Ave APT 1B, River Forest, IL, 60305

Why Invest in River Forest, Illinois?

Investing in condominiums in River Forest, IL offers a unique opportunity due to its affluent community and stable real estate market. The average rental yields in the area are attractive, with solid appreciation potential and a low vacancy rate, making it an ideal location for property investors looking for steady cash flow. With the importance of proximity to Chicago, the demand for properties here remains robust.

8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in River Forest is approximately $2,200 per month. This rate can vary depending on the specific location and amenities offered.

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