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

Markham, IL has a median modeled monthly cash flow of $511 and a median cap rate of 9.8%, on a median sold price of $173,000. Prices changed +4.0% year over year.

What is the average cap rate in Markham, IL?

The median cap rate across recently sold homes in Markham, IL is 9.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Markham, IL?

The median sold price in Markham, IL is $173,000 (about $142 per square foot).

Investing in Markham, IL Real Estate

#22 cash-flow market in the U.S.

A data-driven snapshot of the Markham, 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.

$173,000Median sold price

$142Median $/sqft

9.8%Median cap rate

$511Modeled cash flow / mo

+4.0%Appreciation YoY

9.6Months of supply

137Active listings

172Sold (last 12 mo)

What the Markham numbers say

In Markham, IL, the median home sold for $173,000 (about $142 per square foot), and the typical deal models out to a 9.8% cap rate with a median $511 of monthly cash flow. Sold prices moved +4.0% over the past year. Inventory sits at about 9.6 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 Markham cash-flowing listings

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