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

Coal City, IL has a median modeled monthly cash flow of $-419 and a median cap rate of 4.5%, on a median sold price of $282,000. Prices changed +8.5% year over year.

What is the average cap rate in Coal City, IL?

The median cap rate across recently sold homes in Coal City, IL is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Coal City, IL?

The median sold price in Coal City, IL is $282,000 (about $192 per square foot).

Investing in Coal City, IL Real Estate

A data-driven snapshot of the Coal City, 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.

$282,000Median sold price

$192Median $/sqft

4.5%Median cap rate

$-419Modeled cash flow / mo

+8.5%Appreciation YoY

6.5Months of supply

42Active listings

77Sold (last 12 mo)

What the Coal City numbers say

In Coal City, IL, the median home sold for $282,000 (about $192 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-419 of monthly cash flow. Sold prices moved +8.5% over the past year. Inventory sits at about 6.5 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 Coal City cash-flowing listings

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