Is Hoffman Estates, IL a good place to invest in rental property?

Hoffman Estates, IL has a median modeled monthly cash flow of $-842 and a median cap rate of 3.9%, on a median sold price of $401,000. Prices changed +6.8% year over year.

What is the average cap rate in Hoffman Estates, IL?

The median cap rate across recently sold homes in Hoffman Estates, IL is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hoffman Estates, IL?

The median sold price in Hoffman Estates, IL is $401,000 (about $234 per square foot).

Investing in Hoffman Estates, IL Real Estate

A data-driven snapshot of the Hoffman Estates, 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.

$401,000Median sold price

$234Median $/sqft

3.9%Median cap rate

$-842Modeled cash flow / mo

+6.8%Appreciation YoY

5.0Months of supply

221Active listings

531Sold (last 12 mo)

What the Hoffman Estates numbers say

In Hoffman Estates, IL, the median home sold for $401,000 (about $234 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-842 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 5.0 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 Hoffman Estates cash-flowing listings

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