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

Berkeley, IL has a median modeled monthly cash flow of $-814 and a median cap rate of 3.2%, on a median sold price of $319,500. Prices changed -5.7% year over year.

What is the average cap rate in Berkeley, IL?

The median cap rate across recently sold homes in Berkeley, IL is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Berkeley, IL?

The median sold price in Berkeley, IL is $319,500 (about $246 per square foot).

Investing in Berkeley, IL Real Estate

A data-driven snapshot of the Berkeley, 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.

$319,500Median sold price

$246Median $/sqft

3.2%Median cap rate

$-814Modeled cash flow / mo

-5.7%Appreciation YoY

3.8Months of supply

16Active listings

50Sold (last 12 mo)

What the Berkeley numbers say

In Berkeley, IL, the median home sold for $319,500 (about $246 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-814 of monthly cash flow. Sold prices moved -5.7% over the past year. Inventory sits at about 3.8 months of supply — a tight, seller-friendly market. 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 Berkeley cash-flowing listings

CashFlowRE ranks every for-sale home in Berkeley, 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 Berkeley deals, or browse the national market data.