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

Grant Park, IL has a median modeled monthly cash flow of $-1,592 and a median cap rate of 1.5%, on a median sold price of $282,795. Prices changed +4.6% 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 1.5%, 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 $282,795 (about $158 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.

$282,795Median sold price

$158Median $/sqft

1.5%Median cap rate

$-1,592Modeled cash flow / mo

+4.6%Appreciation YoY

6.0Months of supply

19Active listings

38Sold (last 12 mo)

What the Grant Park numbers say

In Grant Park, IL, the median home sold for $282,795 (about $158 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,592 of monthly cash flow. Sold prices moved +4.6% over the past year. Inventory sits at about 6.0 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.