Condo Investment Properties in South Elgin, 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 South Elgin, IL

Property at 315 Thornwood Way Unit B, South Elgin, IL
Listed for sale 1 day ago
$ 300,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign80
  • 3 Bed
  • 2 Bath
  • - sft
315 Thornwood Way Unit B, South Elgin, IL, 60177
Property at 295 Woodridge Cir Unit D, South Elgin, IL
Listed for sale 2 days ago
$ 229,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign145
  • 2 Bed
  • 2 Bath
  • 1116 sft
295 Woodridge Cir Unit D, South Elgin, IL, 60177
Property at 769 Hobart Dr Unit C, South Elgin, IL
$ 259,900
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign452
  • 2 Bed
  • 1 Bath
  • 1200 sft
769 Hobart Dr Unit C, South Elgin, IL, 60177
Property at 381 S Collins St APT B, South Elgin, IL
$ 219,500
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign298
  • 2 Bed
  • 1 Bath
  • 1000 sft
381 S Collins St APT B, South Elgin, IL, 60177

Why Invest in South Elgin, Illinois?

Investing in condos in South Elgin, IL, offers a strong rental yield and steady market appreciation. With a vibrant community and employment opportunities nearby, condos can provide consistent cash flow for real estate investors. Plus, the area's attractive amenities make it appealing for renters seeking quality living spaces.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in South Elgin is approximately $1,500 per month, making it an attractive option for renters.

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