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

Lake Forest, IL has a median modeled monthly cash flow of $-3,745 and a median cap rate of 2.9%, on a median sold price of $1,250,000. Prices changed +8.3% year over year.

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

The median cap rate across recently sold homes in Lake Forest, IL is 2.9%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Lake Forest, IL is $1,250,000 (about $393 per square foot).

Investing in Lake Forest, IL Real Estate

A data-driven snapshot of the Lake Forest, 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.

$1,250,000Median sold price

$393Median $/sqft

2.9%Median cap rate

$-3,745Modeled cash flow / mo

+8.3%Appreciation YoY

10.6Months of supply

248Active listings

282Sold (last 12 mo)

What the Lake Forest numbers say

In Lake Forest, IL, the median home sold for $1,250,000 (about $393 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-3,745 of monthly cash flow. Sold prices moved +8.3% over the past year. Inventory sits at about 10.6 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 Lake Forest cash-flowing listings

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