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

Machesney Park, IL has a median modeled monthly cash flow of $-172 and a median cap rate of 4.9%, on a median sold price of $221,450. Prices changed +8.1% year over year.

What is the average cap rate in Machesney Park, IL?

The median cap rate across recently sold homes in Machesney Park, IL is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Machesney Park, IL?

The median sold price in Machesney Park, IL is $221,450 (about $146 per square foot).

Investing in Machesney Park, IL Real Estate

A data-driven snapshot of the Machesney Park, 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.

$221,450Median sold price

$146Median $/sqft

4.8%Median cap rate

$-172Modeled cash flow / mo

+8.1%Appreciation YoY

4.0Months of supply

95Active listings

284Sold (last 12 mo)

What the Machesney Park numbers say

In Machesney Park, IL, the median home sold for $221,450 (about $146 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-172 of monthly cash flow. Sold prices moved +8.1% over the past year. Inventory sits at about 4.0 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 Machesney Park cash-flowing listings

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