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

Channahon, IL has a median modeled monthly cash flow of $-873 and a median cap rate of 3.8%, on a median sold price of $379,500. Prices changed +1.6% year over year.

What is the average cap rate in Channahon, IL?

The median cap rate across recently sold homes in Channahon, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Channahon, IL?

The median sold price in Channahon, IL is $379,500 (about $187 per square foot).

Investing in Channahon, IL Real Estate

A data-driven snapshot of the Channahon, 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.

$379,500Median sold price

$187Median $/sqft

3.8%Median cap rate

$-873Modeled cash flow / mo

+1.6%Appreciation YoY

14.9Months of supply

213Active listings

172Sold (last 12 mo)

What the Channahon numbers say

In Channahon, IL, the median home sold for $379,500 (about $187 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-873 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 14.9 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.

🔨 See 4 fix-and-flip deals in Channahon — listings where the estimated after-repair value beats list price + rehab.

Other Illinois markets to compare

See Channahon cash-flowing listings

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