Condo Investment Properties for Sale in Wheeling, IL
$ 235,000
ROI
25.6
Cash Flow/m
380- 2 Bed
- 2 Bath
- 1100 sft
1430 Sandstone Dr APT 316, Wheeling, IL, 60090
$ 275,000
ROI
21.2Cash Flow/m
109- 2 Bed
- 2 Bath
- 1100 sft
1430 Sandstone Dr APT 115, Wheeling, IL, 60090
$ 239,900
ROI
24.8Cash Flow/m
333- 2 Bed
- 1 Bath
- 1450 sft
1544 Springview Court 12 R C 2 #1-3, Wheeling, IL, 60090
$ 259,900
ROI
21.1Cash Flow/m
99- 2 Bed
- 2 Bath
- 1000 sft
540 Wynn Ct #540, Wheeling, IL, 60090
Why Invest in Wheeling, Illinois?
Investing in Wheeling, IL, particularly in condos, offers great potential due to the area's attractive rental yield and steady appreciation rates. The local market benefits from a variety of amenities, making rental properties a desirable choice for tenants. With a current average rent of $1,500 and a cap rate of around 6%, Wheeling presents an appealing opportunity for real estate investors.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Wheeling, IL, is around $1,500 per month, which is competitive considering the area's amenities and market trends.
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