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

River Grove, IL has a median modeled monthly cash flow of $-358 and a median cap rate of 5.2%, on a median sold price of $335,000. Prices changed -3.0% year over year.

What is the average cap rate in River Grove, IL?

The median cap rate across recently sold homes in River Grove, IL is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in River Grove, IL?

The median sold price in River Grove, IL is $335,000 (about $225 per square foot).

Investing in River Grove, IL Real Estate

A data-driven snapshot of the River Grove, 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.

$335,000Median sold price

$225Median $/sqft

5.2%Median cap rate

$-358Modeled cash flow / mo

-3.0%Appreciation YoY

5.1Months of supply

48Active listings

114Sold (last 12 mo)

What the River Grove numbers say

In River Grove, IL, the median home sold for $335,000 (about $225 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-358 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 5.1 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 River Grove cash-flowing listings

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