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

Crystal Lake, IL has a median modeled monthly cash flow of $-723 and a median cap rate of 4.0%, on a median sold price of $367,900. Prices changed +3.8% year over year.

What is the average cap rate in Crystal Lake, IL?

The median cap rate across recently sold homes in Crystal Lake, IL is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Crystal Lake, IL?

The median sold price in Crystal Lake, IL is $367,900 (about $191 per square foot).

Investing in Crystal Lake, IL Real Estate

A data-driven snapshot of the Crystal Lake, 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.

$367,900Median sold price

$191Median $/sqft

4.0%Median cap rate

$-723Modeled cash flow / mo

+3.8%Appreciation YoY

4.6Months of supply

237Active listings

615Sold (last 12 mo)

What the Crystal Lake numbers say

In Crystal Lake, IL, the median home sold for $367,900 (about $191 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-723 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 4.6 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 Crystal Lake cash-flowing listings

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