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

Bourbonnais, IL has a median modeled monthly cash flow of $-575 and a median cap rate of 3.9%, on a median sold price of $293,500. Prices changed +1.5% year over year.

What is the average cap rate in Bourbonnais, IL?

The median cap rate across recently sold homes in Bourbonnais, IL is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bourbonnais, IL?

The median sold price in Bourbonnais, IL is $293,500 (about $170 per square foot).

Investing in Bourbonnais, IL Real Estate

A data-driven snapshot of the Bourbonnais, 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.

$293,500Median sold price

$170Median $/sqft

3.9%Median cap rate

$-575Modeled cash flow / mo

+1.5%Appreciation YoY

4.5Months of supply

97Active listings

258Sold (last 12 mo)

What the Bourbonnais numbers say

In Bourbonnais, IL, the median home sold for $293,500 (about $170 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-575 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 4.5 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 Bourbonnais cash-flowing listings

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