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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Wheeling, IL

$ 234,900
ROI
24.6
Cash Flow/m
314- 2 Bed
- 1 Bath
- - sft
1160 Northbury Ln APT C1, Wheeling, IL, 60090

$ 279,900
ROI
20.3
Cash Flow/m
46- 2 Bed
- 2 Bath
- 1300 sft
350 Plum Creek Dr APT 406, Wheeling, IL, 60090

$ 275,000
ROI
20.5
Cash Flow/m
54- 3 Bed
- 2 Bath
- 1200 sft
865 Oxford Pl Unit 865, Wheeling, IL, 60090

$ 369,000
ROI
22.6
Cash Flow/m
289- 3 Bed
- 3 Bath
- 1660 sft
100 N Milwaukee Ave APT 503, 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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