Condo Investment Properties in Wheeling, 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 Wheeling, IL

Property at 350 Plum Creek Dr APT 403, Wheeling, IL
Fix & Flip
$ 239,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign82
  • 2 Bed
  • 2 Bath
  • 110 sft
350 Plum Creek Dr APT 403, Wheeling, IL, 60090
Property at 680 Mill Cir Unit 203, Wheeling, IL
$ 315,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign78
  • 2 Bed
  • 2 Bath
  • 1150 sft
680 Mill Cir Unit 203, Wheeling, IL, 60090
Property at 1101 Pleasant Run Dr APT 1006, Wheeling, IL
$ 214,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign292
  • 2 Bed
  • 1 Bath
  • 1200 sft
1101 Pleasant Run Dr APT 1006, Wheeling, IL, 60090
Property at 943 Ridgefield Ln #4, Wheeling, IL
$ 270,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign135
  • 2 Bed
  • 1 Bath
  • 1027 sft
943 Ridgefield Ln #4, 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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