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

Round Lake, IL has a median modeled monthly cash flow of $-580 and a median cap rate of 4.2%, on a median sold price of $320,000. Prices changed +1.8% year over year.

What is the average cap rate in Round Lake, IL?

The median cap rate across recently sold homes in Round Lake, IL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Round Lake, IL?

The median sold price in Round Lake, IL is $320,000 (about $167 per square foot).

Investing in Round Lake, IL Real Estate

A data-driven snapshot of the Round Lake, 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.

$320,000Median sold price

$167Median $/sqft

4.2%Median cap rate

$-580Modeled cash flow / mo

+1.8%Appreciation YoY

7.0Months of supply

145Active listings

247Sold (last 12 mo)

What the Round Lake numbers say

In Round Lake, IL, the median home sold for $320,000 (about $167 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-580 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 7.0 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 Round Lake cash-flowing listings

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