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

Lake Summerset, IL has a median modeled monthly cash flow of $-1,388 and a median cap rate of 1.3%, on a median sold price of $241,000. Prices changed -3.9% year over year.

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

The median cap rate across recently sold homes in Lake Summerset, IL is 1.3%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Lake Summerset, IL is $241,000 (about $123 per square foot).

Investing in Lake Summerset, IL Real Estate

A data-driven snapshot of the Lake Summerset, 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.

$241,000Median sold price

$123Median $/sqft

1.3%Median cap rate

$-1,388Modeled cash flow / mo

-3.9%Appreciation YoY

3.4Months of supply

31Active listings

108Sold (last 12 mo)

What the Lake Summerset numbers say

In Lake Summerset, IL, the median home sold for $241,000 (about $123 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,388 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 3.4 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 Lake Summerset cash-flowing listings

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