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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
$ 250,000
ROI
23.8
Cash Flow/m
282- 2 Bed
- 2 Bath
- - sft
4700 Old Orchard Rd APT 110, Skokie, IL, 60076
Listed for sale 2 days ago
$ 239,500
ROI
27.9Cash Flow/m
541- 2 Bed
- 1 Bath
- - sft
(Undisclosed Address), Skokie, IL, 60076
Currently Rented
Listed for sale 3 days ago
$ 329,900
ROI
25.3Cash Flow/m
510- 2 Bed
- 2 Bath
- 1500 sft
8000 Kilpatrick Ave Unit 2F, Skokie, IL, 60076
Listed for sale 7 days ago
$ 237,500
ROI
25.5Cash Flow/m
377- 1 Bed
- 1 Bath
- 1000 sft
8200 Lincoln Ave APT 304, 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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