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

Eldorado, IL has a median modeled monthly cash flow of $345 and a median cap rate of 10.6%, on a median sold price of $77,000. Prices changed -13.0% year over year.

What is the average cap rate in Eldorado, IL?

The median cap rate across recently sold homes in Eldorado, IL is 10.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Eldorado, IL?

The median sold price in Eldorado, IL is $77,000 (about $67 per square foot).

Investing in Eldorado, IL Real Estate

#63 cash-flow market in the U.S.

A data-driven snapshot of the Eldorado, 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.

$77,000Median sold price

$67Median $/sqft

10.6%Median cap rate

$345Modeled cash flow / mo

-13.0%Appreciation YoY

11.7Months of supply

41Active listings

42Sold (last 12 mo)

What the Eldorado numbers say

In Eldorado, IL, the median home sold for $77,000 (about $67 per square foot), and the typical deal models out to a 10.6% cap rate with a median $345 of monthly cash flow. Sold prices moved -13.0% over the past year. Inventory sits at about 11.7 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 Eldorado cash-flowing listings

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