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

Macomb, IL has a median modeled monthly cash flow of $-10 and a median cap rate of 6.2%, on a median sold price of $108,500. Prices changed -4.1% year over year.

What is the average cap rate in Macomb, IL?

The median cap rate across recently sold homes in Macomb, IL is 6.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Macomb, IL?

The median sold price in Macomb, IL is $108,500 (about $71 per square foot).

Investing in Macomb, IL Real Estate

A data-driven snapshot of the Macomb, 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.

$108,500Median sold price

$71Median $/sqft

6.2%Median cap rate

$-10Modeled cash flow / mo

-4.1%Appreciation YoY

8.2Months of supply

125Active listings

184Sold (last 12 mo)

What the Macomb numbers say

In Macomb, IL, the median home sold for $108,500 (about $71 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-10 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 8.2 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 Macomb cash-flowing listings

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