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

Oak Lawn, IL has a median modeled monthly cash flow of $-443 and a median cap rate of 4.4%, on a median sold price of $289,000. Prices changed +6.6% year over year.

What is the average cap rate in Oak Lawn, IL?

The median cap rate across recently sold homes in Oak Lawn, IL is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Oak Lawn, IL?

The median sold price in Oak Lawn, IL is $289,000 (about $195 per square foot).

Investing in Oak Lawn, IL Real Estate

A data-driven snapshot of the Oak Lawn, 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.

$289,000Median sold price

$195Median $/sqft

4.4%Median cap rate

$-443Modeled cash flow / mo

+6.6%Appreciation YoY

5.3Months of supply

294Active listings

661Sold (last 12 mo)

What the Oak Lawn numbers say

In Oak Lawn, IL, the median home sold for $289,000 (about $195 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-443 of monthly cash flow. Sold prices moved +6.6% over the past year. Inventory sits at about 5.3 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 Oak Lawn cash-flowing listings

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