Condo Investment Properties for Sale in Skokie, IL

Property at 9715 Woods Dr Unit 402, Skokie, IL
Listed for sale 7 days ago
$ 474,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign204
  • 2 Bed
  • 2 Bath
  • 1467 sft
9715 Woods Dr Unit 402, Skokie, IL, 60077
Property at 8210 Elmwood St #314, Skokie, IL
$ 319,999
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign213
  • 3 Bed
  • 2 Bath
  • - sft
8210 Elmwood St #314, Skokie, IL, 60077
Property at 8828 Niles Center Rd APT 301, Skokie, IL
Motivated Seller
$ 375,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign486
  • 3 Bed
  • 2 Bath
  • 2000 sft
8828 Niles Center Rd APT 301, Skokie, IL, 60077
Property at 8000 Kilpatrick Ave Unit 2F, Skokie, IL
Currently Rented
$ 324,900
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign587
  • 2 Bed
  • 2 Bath
  • 1500 sft
8000 Kilpatrick Ave Unit 2F, Skokie, IL, 60076

Why Invest in Skokie, Illinois?

Investing in condos in Skokie, Illinois offers excellent opportunities for stable returns. With a strong rental demand and a healthy appreciation rate of around 4% annually, this suburb is a refuge for both investors and renters. The average rental yield stands at 7%, complemented by an average cash flow of $300 per month, making it an attractive option for property investors.

8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in Skokie is around $1,500 per month, offering a competitive rate for the suburb.

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