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

Chester, IL has a median modeled monthly cash flow of $-199 and a median cap rate of 5.0%, on a median sold price of $134,900. Prices changed +5.6% year over year.

What is the average cap rate in Chester, IL?

The median cap rate across recently sold homes in Chester, IL is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chester, IL?

The median sold price in Chester, IL is $134,900 (about $95 per square foot).

Investing in Chester, IL Real Estate

A data-driven snapshot of the Chester, 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.

$134,900Median sold price

$95Median $/sqft

5.0%Median cap rate

$-199Modeled cash flow / mo

+5.6%Appreciation YoY

8.0Months of supply

34Active listings

51Sold (last 12 mo)

What the Chester numbers say

In Chester, IL, the median home sold for $134,900 (about $95 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-199 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 8.0 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 Chester cash-flowing listings

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