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

Forest Park, IL has a median modeled monthly cash flow of $-945 and a median cap rate of 3.1%, on a median sold price of $355,000. Prices changed +5.7% year over year.

What is the average cap rate in Forest Park, IL?

The median cap rate across recently sold homes in Forest Park, IL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Forest Park, IL?

The median sold price in Forest Park, IL is $355,000 (about $222 per square foot).

Investing in Forest Park, IL Real Estate

A data-driven snapshot of the Forest Park, 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.

$355,000Median sold price

$222Median $/sqft

3.1%Median cap rate

$-945Modeled cash flow / mo

+5.7%Appreciation YoY

4.4Months of supply

86Active listings

235Sold (last 12 mo)

What the Forest Park numbers say

In Forest Park, IL, the median home sold for $355,000 (about $222 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-945 of monthly cash flow. Sold prices moved +5.7% over the past year. Inventory sits at about 4.4 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 Forest Park cash-flowing listings

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