Is Addison, IL a good place to invest in rental property?

Addison, IL has a median modeled monthly cash flow of $-932 and a median cap rate of 3.6%, on a median sold price of $396,633. Prices changed +6.2% year over year.

What is the average cap rate in Addison, IL?

The median cap rate across recently sold homes in Addison, IL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Addison, IL?

The median sold price in Addison, IL is $396,633 (about $224 per square foot).

Investing in Addison, IL Real Estate

A data-driven snapshot of the Addison, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$396,633Median sold price

$224Median $/sqft

3.6%Median cap rate

$-932Modeled cash flow / mo

+6.2%Appreciation YoY

6.3Months of supply

175Active listings

332Sold (last 12 mo)

What the Addison numbers say

In Addison, IL, the median home sold for $396,633 (about $224 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-932 of monthly cash flow. Sold prices moved +6.2% over the past year. Inventory sits at about 6.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Addison cash-flowing listings

CashFlowRE ranks every for-sale home in Addison, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Addison deals, or browse the national market data.