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

Lake Bluff, IL has a median modeled monthly cash flow of $-2,746 and a median cap rate of 3.0%, on a median sold price of $1,065,000. Prices changed +9.6% year over year.

What is the average cap rate in Lake Bluff, IL?

The median cap rate across recently sold homes in Lake Bluff, IL is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Bluff, IL?

The median sold price in Lake Bluff, IL is $1,065,000 (about $398 per square foot).

Investing in Lake Bluff, IL Real Estate

A data-driven snapshot of the Lake Bluff, 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.

$1,065,000Median sold price

$398Median $/sqft

3.0%Median cap rate

$-2,746Modeled cash flow / mo

+9.6%Appreciation YoY

6.0Months of supply

42Active listings

84Sold (last 12 mo)

What the Lake Bluff numbers say

In Lake Bluff, IL, the median home sold for $1,065,000 (about $398 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-2,746 of monthly cash flow. Sold prices moved +9.6% over the past year. Inventory sits at about 6.0 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 Lake Bluff cash-flowing listings

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