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

Highland Park, IL has a median modeled monthly cash flow of $-2,970 and a median cap rate of 1.9%, on a median sold price of $794,500. Prices changed +6.8% year over year.

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

The median cap rate across recently sold homes in Highland Park, IL is 1.9%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Highland Park, IL is $794,500 (about $315 per square foot).

Investing in Highland Park, IL Real Estate

A data-driven snapshot of the Highland 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.

$794,500Median sold price

$315Median $/sqft

1.9%Median cap rate

$-2,970Modeled cash flow / mo

+6.8%Appreciation YoY

7.3Months of supply

250Active listings

412Sold (last 12 mo)

What the Highland Park numbers say

In Highland Park, IL, the median home sold for $794,500 (about $315 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,970 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 7.3 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 Highland Park cash-flowing listings

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