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

Crete, IL has a median modeled monthly cash flow of $-1,179 and a median cap rate of 2.2%, on a median sold price of $256,000. Prices changed -0.7% year over year.

What is the average cap rate in Crete, IL?

The median cap rate across recently sold homes in Crete, IL is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Crete, IL?

The median sold price in Crete, IL is $256,000 (about $140 per square foot).

Investing in Crete, IL Real Estate

A data-driven snapshot of the Crete, 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.

$256,000Median sold price

$140Median $/sqft

2.2%Median cap rate

$-1,179Modeled cash flow / mo

-0.7%Appreciation YoY

0.1Months of supply

1Active listings

190Sold (last 12 mo)

What the Crete numbers say

In Crete, IL, the median home sold for $256,000 (about $140 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,179 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 0.1 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 Crete cash-flowing listings

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