Is Hazel Crest, IL a good place to invest in rental property?

Hazel Crest, IL has a median modeled monthly cash flow of $480 and a median cap rate of 8.9%, on a median sold price of $195,000. Prices changed +1.5% year over year.

What is the average cap rate in Hazel Crest, IL?

The median cap rate across recently sold homes in Hazel Crest, IL is 8.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hazel Crest, IL?

The median sold price in Hazel Crest, IL is $195,000 (about $132 per square foot).

Investing in Hazel Crest, IL Real Estate

#41 cash-flow market in the U.S.

A data-driven snapshot of the Hazel Crest, 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.

$195,000Median sold price

$132Median $/sqft

8.9%Median cap rate

$480Modeled cash flow / mo

+1.5%Appreciation YoY

8.0Months of supply

125Active listings

187Sold (last 12 mo)

What the Hazel Crest numbers say

In Hazel Crest, IL, the median home sold for $195,000 (about $132 per square foot), and the typical deal models out to a 8.9% cap rate with a median $480 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 8.0 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 Hazel Crest cash-flowing listings

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