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

Morton, IL has a median modeled monthly cash flow of $-891 and a median cap rate of 2.9%, on a median sold price of $264,950. Prices changed +5.6% year over year.

What is the average cap rate in Morton, IL?

The median cap rate across recently sold homes in Morton, IL is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morton, IL?

The median sold price in Morton, IL is $264,950 (about $133 per square foot).

Investing in Morton, IL Real Estate

A data-driven snapshot of the Morton, 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.

$264,950Median sold price

$133Median $/sqft

2.9%Median cap rate

$-891Modeled cash flow / mo

+5.6%Appreciation YoY

3.0Months of supply

58Active listings

234Sold (last 12 mo)

What the Morton numbers say

In Morton, IL, the median home sold for $264,950 (about $133 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-891 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 3.0 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 Morton cash-flowing listings

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