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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 2 days ago
$ 339,900
ROI
21.6
Cash Flow/m
178- 3 Bed
- 2 Bath
- 1550 sft
1053 Scanlon Dr #A1, Wheeling, IL, 60090

Listed for sale 3 days ago
$ 299,000
ROI
21.2
Cash Flow/m
117- 3 Bed
- 2 Bath
- 1750 sft
375 Plum Creek Dr APT 312, Wheeling, IL, 60090

Listed for sale 4 days ago
$ 219,000
ROI
24.2
Cash Flow/m
270- 2 Bed
- 1 Bath
- 810 sft
127 N Wolf Rd APT 41A, Wheeling, IL, 60090

$ 315,000
ROI
20.7
Cash Flow/m
80- 2 Bed
- 2 Bath
- 1150 sft
680 Mill Cir Unit 203, 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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