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

Candlewick Lake, IL has a median modeled monthly cash flow of $1,500 and a median cap rate of 13.3%, on a median sold price of $241,000. Prices changed -9.7% year over year.

What is the average cap rate in Candlewick Lake, IL?

The median cap rate across recently sold homes in Candlewick Lake, IL is 13.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Candlewick Lake, IL?

The median sold price in Candlewick Lake, IL is $241,000 (about $121 per square foot).

Investing in Candlewick Lake, IL Real Estate

#12 cash-flow market in the U.S.

A data-driven snapshot of the Candlewick Lake, 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.

$241,000Median sold price

$121Median $/sqft

13.3%Median cap rate

$1,500Modeled cash flow / mo

-9.7%Appreciation YoY

2.9Months of supply

8Active listings

33Sold (last 12 mo)

What the Candlewick Lake numbers say

In Candlewick Lake, IL, the median home sold for $241,000 (about $121 per square foot), and the typical deal models out to a 13.3% cap rate with a median $1,500 of monthly cash flow. Sold prices moved -9.7% over the past year. Inventory sits at about 2.9 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 Candlewick Lake cash-flowing listings

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