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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Skokie, IL
Listed for sale 1 day ago
$ 229,000
ROI
23.0
Cash Flow/m
205- 1 Bed
- 1 Bath
- 1101 sft
4840 Foster St APT 409, Skokie, IL, 60077
Listed for sale 5 days ago
$ 328,000
ROI
20.5Cash Flow/m
64- 2 Bed
- 2 Bath
- 1500 sft
5200 Oakton St APT 105, Skokie, IL, 60077
Fix & Flip
$ 315,000
ROI
22.4Cash Flow/m
228- 2 Bed
- 2 Bath
- 1700 sft
9242 Gross Point Rd APT 107, Skokie, IL, 60077
$ 329,999
ROI
23.4Cash Flow/m
333- 2 Bed
- 2 Bath
- 1270 sft
8000 Kilpatrick Ave Unit 3F, 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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