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

Carpentersville, IL has a median modeled monthly cash flow of $-380 and a median cap rate of 4.7%, on a median sold price of $295,375. Prices changed +8.2% year over year.

What is the average cap rate in Carpentersville, IL?

The median cap rate across recently sold homes in Carpentersville, IL is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carpentersville, IL?

The median sold price in Carpentersville, IL is $295,375 (about $210 per square foot).

Investing in Carpentersville, IL Real Estate

A data-driven snapshot of the Carpentersville, 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.

$295,375Median sold price

$210Median $/sqft

4.7%Median cap rate

$-380Modeled cash flow / mo

+8.2%Appreciation YoY

9.0Months of supply

203Active listings

270Sold (last 12 mo)

What the Carpentersville numbers say

In Carpentersville, IL, the median home sold for $295,375 (about $210 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-380 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 9.0 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 Carpentersville cash-flowing listings

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