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

Mundelein, IL has a median modeled monthly cash flow of $-1,333 and a median cap rate of 2.9%, on a median sold price of $422,222. Prices changed +4.5% year over year.

What is the average cap rate in Mundelein, IL?

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

What is the median home price in Mundelein, IL?

The median sold price in Mundelein, IL is $422,222 (about $231 per square foot).

Investing in Mundelein, IL Real Estate

A data-driven snapshot of the Mundelein, 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.

$422,222Median sold price

$231Median $/sqft

2.9%Median cap rate

$-1,333Modeled cash flow / mo

+4.5%Appreciation YoY

5.6Months of supply

174Active listings

375Sold (last 12 mo)

What the Mundelein numbers say

In Mundelein, IL, the median home sold for $422,222 (about $231 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,333 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 5.6 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 Mundelein cash-flowing listings

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