Condo Investment Properties in Skokie, IL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Skokie, IL

Property at 5019 Mulford St APT 201, Skokie, IL
Listed for sale 1 day ago
$ 335,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign349
  • 2 Bed
  • 2 Bath
  • 1600 sft
5019 Mulford St APT 201, Skokie, IL, 60077
Property at 9242 Gross Point Rd APT 107, Skokie, IL
$ 384,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign239
  • 2 Bed
  • 2 Bath
  • 1700 sft
9242 Gross Point Rd APT 107, Skokie, IL, 60077
Property at 4864 Carol St #B, Skokie, IL
$ 345,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign445
  • 2 Bed
  • 2 Bath
  • 1290 sft
4864 Carol St #B, Skokie, IL, 60077
Property at 9715 Woods Dr Unit 1403, Skokie, IL
$ 425,000
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign148
  • 2 Bed
  • 2 Bath
  • 1250 sft
9715 Woods Dr Unit 1403, Skokie, IL, 60077

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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