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

Blue Island, IL has a median modeled monthly cash flow of $45 and a median cap rate of 6.5%, on a median sold price of $240,000. Prices changed -1.4% year over year.

What is the average cap rate in Blue Island, IL?

The median cap rate across recently sold homes in Blue Island, IL is 6.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Blue Island, IL?

The median sold price in Blue Island, IL is $240,000 (about $146 per square foot).

Investing in Blue Island, IL Real Estate

A data-driven snapshot of the Blue Island, 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.

$240,000Median sold price

$146Median $/sqft

6.5%Median cap rate

$45Modeled cash flow / mo

-1.4%Appreciation YoY

12.1Months of supply

119Active listings

118Sold (last 12 mo)

What the Blue Island numbers say

In Blue Island, IL, the median home sold for $240,000 (about $146 per square foot), and the typical deal models out to a 6.5% cap rate with a median $45 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 12.1 months of supply — a looser, buyer-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 Blue Island cash-flowing listings

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