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

Knoxville, IL has a median modeled monthly cash flow of $-675 and a median cap rate of 2.7%, on a median sold price of $177,750. Prices changed +8.4% year over year.

What is the average cap rate in Knoxville, IL?

The median cap rate across recently sold homes in Knoxville, IL is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Knoxville, IL?

The median sold price in Knoxville, IL is $177,750 (about $103 per square foot).

Investing in Knoxville, IL Real Estate

A data-driven snapshot of the Knoxville, 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.

$177,750Median sold price

$103Median $/sqft

2.7%Median cap rate

$-675Modeled cash flow / mo

+8.4%Appreciation YoY

5.5Months of supply

20Active listings

44Sold (last 12 mo)

What the Knoxville numbers say

In Knoxville, IL, the median home sold for $177,750 (about $103 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-675 of monthly cash flow. Sold prices moved +8.4% over the past year. Inventory sits at about 5.5 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 Knoxville cash-flowing listings

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