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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Wheeling, IL
Listed for sale today
$ 220,000
ROI
22.7
Cash Flow/m
178- 2 Bed
- 1 Bath
- 1100 sft
1166 Northbury Ln APT C2, Wheeling, IL, 60090
Listed for sale 1 day ago
$ 325,000
ROI
20.8Cash Flow/m
93- 2 Bed
- 2 Bath
- 1150 sft
680 Mill Cir Unit 203, Wheeling, IL, 60090
Listed for sale 2 days ago
$ 255,000
ROI
22.5Cash Flow/m
198- 2 Bed
- 2 Bath
- 1100 sft
1575 Sandpebble Dr APT 104, Wheeling, IL, 60090
Listed for sale 4 days ago
$ 238,000
ROI
27.0Cash Flow/m
483- 2 Bed
- 1 Bath
- - sft
813 Valley Stream Dr APT D, 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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