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Cash-Flowing Condo Investment Opportunity – Prospect Heights, IL

2 Beds / 1.5 Baths • 1,000 SqFt

Available

Offer Submission Deadline

House Type Condo
Bedrooms 2
Bathrooms 1.5
Year Built 1970
Approx.SqFt. 1000
Garage No Garage

Description

Discover a solid income-producing property at 920 E Old Willow Rd, Apt 203, Prospect Heights, IL 60070. This 2-bedroom, 1.5-bath condo offers a reliable long-term tenant and strong rental potential.

The spacious master bedroom features a walk-in closet, and the unit has great bones but needs a bit of TLC—perfect for investors looking to add value.

The current tenant has been in place for 7 years, paying $1,500/month, and has agreed to an increase to $1,600/month starting next year. Lease is set to expire this December, providing flexibility for continued cash flow or future upgrades.

A great opportunity to secure a steady, income-generating condo in a desirable Prospect Heights location!