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

Northbrook, IL has a median modeled monthly cash flow of $-3,122 and a median cap rate of 1.9%, on a median sold price of $830,000. Prices changed -4.8% year over year.

What is the average cap rate in Northbrook, IL?

The median cap rate across recently sold homes in Northbrook, IL is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northbrook, IL?

The median sold price in Northbrook, IL is $830,000 (about $288 per square foot).

Investing in Northbrook, IL Real Estate

A data-driven snapshot of the Northbrook, 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.

$830,000Median sold price

$288Median $/sqft

1.9%Median cap rate

$-3,122Modeled cash flow / mo

-4.8%Appreciation YoY

3.7Months of supply

12Active listings

39Sold (last 12 mo)

What the Northbrook numbers say

In Northbrook, IL, the median home sold for $830,000 (about $288 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-3,122 of monthly cash flow. Sold prices moved -4.8% over the past year. Inventory sits at about 3.7 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 Northbrook cash-flowing listings

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