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

Gages Lake, IL has a median modeled monthly cash flow of $-650 and a median cap rate of 4.0%, on a median sold price of $340,000. Prices changed +5.0% year over year.

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

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

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

The median sold price in Gages Lake, IL is $340,000 (about $190 per square foot).

Investing in Gages Lake, IL Real Estate

A data-driven snapshot of the Gages 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.

$340,000Median sold price

$190Median $/sqft

4.0%Median cap rate

$-650Modeled cash flow / mo

+5.0%Appreciation YoY

3.9Months of supply

44Active listings

136Sold (last 12 mo)

What the Gages Lake numbers say

In Gages Lake, IL, the median home sold for $340,000 (about $190 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-650 of monthly cash flow. Sold prices moved +5.0% over the past year. Inventory sits at about 3.9 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 Gages Lake cash-flowing listings

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