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

Lockport, IL has a median modeled monthly cash flow of $-933 and a median cap rate of 3.6%, on a median sold price of $359,900. Prices changed +4.5% year over year.

What is the average cap rate in Lockport, IL?

The median cap rate across recently sold homes in Lockport, IL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lockport, IL?

The median sold price in Lockport, IL is $359,900 (about $207 per square foot).

Investing in Lockport, IL Real Estate

A data-driven snapshot of the Lockport, 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.

$359,900Median sold price

$207Median $/sqft

3.6%Median cap rate

$-933Modeled cash flow / mo

+4.5%Appreciation YoY

5.4Months of supply

190Active listings

421Sold (last 12 mo)

What the Lockport numbers say

In Lockport, IL, the median home sold for $359,900 (about $207 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-933 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 5.4 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 Lockport cash-flowing listings

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