Condo Investment Properties for Sale in South Elgin, IL

Property at 287 Sandhurst Ln #D, South Elgin, IL
Listed for sale 5 days ago
$ 229,900
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign135
  • 2 Bed
  • 1 Bath
  • 1059 sft
287 Sandhurst Ln #D, South Elgin, IL, 60177
Property at 695 Dean Dr APT E, South Elgin, IL
$ 222,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign275
  • 2 Bed
  • 1 Bath
  • 1164 sft
695 Dean Dr APT E, South Elgin, IL, 60177
Property at 689 Fieldcrest Dr Unit B, South Elgin, IL
$ 299,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign311
  • 2 Bed
  • 2 Bath
  • 1152 sft
689 Fieldcrest Dr Unit B, South Elgin, IL, 60177
Property at 391 S Collins St APT G, South Elgin, IL
$ 215,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign324
  • 2 Bed
  • 1 Bath
  • 1164 sft
391 S Collins St APT G, 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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