Is Elk Grove Village, IL a good place to invest in rental property?

Elk Grove Village, IL has a median modeled monthly cash flow of $-809 and a median cap rate of 3.8%, on a median sold price of $385,000. Prices changed +5.8% year over year.

What is the average cap rate in Elk Grove Village, IL?

The median cap rate across recently sold homes in Elk Grove Village, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elk Grove Village, IL?

The median sold price in Elk Grove Village, IL is $385,000 (about $257 per square foot).

Investing in Elk Grove Village, IL Real Estate

A data-driven snapshot of the Elk Grove Village, 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.

$385,000Median sold price

$257Median $/sqft

3.8%Median cap rate

$-809Modeled cash flow / mo

+5.8%Appreciation YoY

9.6Months of supply

304Active listings

380Sold (last 12 mo)

What the Elk Grove Village numbers say

In Elk Grove Village, IL, the median home sold for $385,000 (about $257 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-809 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 9.6 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 Elk Grove Village cash-flowing listings

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