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

Kewanee, IL has a median modeled monthly cash flow of $183 and a median cap rate of 8.7%, on a median sold price of $94,000. Prices changed +12.3% year over year.

What is the average cap rate in Kewanee, IL?

The median cap rate across recently sold homes in Kewanee, IL is 8.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kewanee, IL?

The median sold price in Kewanee, IL is $94,000 (about $73 per square foot).

Investing in Kewanee, IL Real Estate

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

A data-driven snapshot of the Kewanee, 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.

$94,000Median sold price

$73Median $/sqft

8.7%Median cap rate

$183Modeled cash flow / mo

+12.3%Appreciation YoY

3.5Months of supply

54Active listings

186Sold (last 12 mo)

What the Kewanee numbers say

In Kewanee, IL, the median home sold for $94,000 (about $73 per square foot), and the typical deal models out to a 8.7% cap rate with a median $183 of monthly cash flow. Sold prices moved +12.3% over the past year. Inventory sits at about 3.5 months of supply — a tight, seller-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 Kewanee cash-flowing listings

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