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

Monticello, IL has a median modeled monthly cash flow of $-660 and a median cap rate of 3.5%, on a median sold price of $258,000. Prices changed +6.8% year over year.

What is the average cap rate in Monticello, IL?

The median cap rate across recently sold homes in Monticello, IL is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monticello, IL?

The median sold price in Monticello, IL is $258,000 (about $164 per square foot).

Investing in Monticello, IL Real Estate

A data-driven snapshot of the Monticello, 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.

$258,000Median sold price

$164Median $/sqft

3.5%Median cap rate

$-660Modeled cash flow / mo

+6.8%Appreciation YoY

3.8Months of supply

40Active listings

128Sold (last 12 mo)

What the Monticello numbers say

In Monticello, IL, the median home sold for $258,000 (about $164 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-660 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 3.8 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 Monticello cash-flowing listings

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