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

Grant Park, IL has a median modeled monthly cash flow of $-1,238 and a median cap rate of 2.5%, on a median sold price of $250,000. Prices changed +7.5% year over year.

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

The median cap rate across recently sold homes in Grant Park, IL is 2.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Grant Park, IL is $250,000 (about $151 per square foot).

Investing in Grant Park, IL Real Estate

A data-driven snapshot of the Grant 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.

$250,000Median sold price

$151Median $/sqft

2.5%Median cap rate

$-1,238Modeled cash flow / mo

+7.5%Appreciation YoY

4.2Months of supply

15Active listings

43Sold (last 12 mo)

What the Grant Park numbers say

In Grant Park, IL, the median home sold for $250,000 (about $151 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,238 of monthly cash flow. Sold prices moved +7.5% over the past year. Inventory sits at about 4.2 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 Grant Park cash-flowing listings

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