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

Peotone, IL has a median modeled monthly cash flow of $-1,332 and a median cap rate of 2.2%, on a median sold price of $334,500. Prices changed -2.2% year over year.

What is the average cap rate in Peotone, IL?

The median cap rate across recently sold homes in Peotone, IL is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Peotone, IL?

The median sold price in Peotone, IL is $334,500 (about $175 per square foot).

Investing in Peotone, IL Real Estate

A data-driven snapshot of the Peotone, 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.

$334,500Median sold price

$175Median $/sqft

2.2%Median cap rate

$-1,332Modeled cash flow / mo

-2.2%Appreciation YoY

6.2Months of supply

28Active listings

54Sold (last 12 mo)

What the Peotone numbers say

In Peotone, IL, the median home sold for $334,500 (about $175 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,332 of monthly cash flow. Sold prices moved -2.2% over the past year. Inventory sits at about 6.2 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 Peotone cash-flowing listings

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