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

Sherrard, IL has a median modeled monthly cash flow of $-1,324 and a median cap rate of 1.2%, on a median sold price of $250,000. Prices changed +9.1% year over year.

What is the average cap rate in Sherrard, IL?

The median cap rate across recently sold homes in Sherrard, IL is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sherrard, IL?

The median sold price in Sherrard, IL is $250,000 (about $132 per square foot).

Investing in Sherrard, IL Real Estate

A data-driven snapshot of the Sherrard, 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.

$250,000Median sold price

$132Median $/sqft

1.2%Median cap rate

$-1,324Modeled cash flow / mo

+9.1%Appreciation YoY

3.2Months of supply

13Active listings

49Sold (last 12 mo)

What the Sherrard numbers say

In Sherrard, IL, the median home sold for $250,000 (about $132 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-1,324 of monthly cash flow. Sold prices moved +9.1% over the past year. Inventory sits at about 3.2 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 Sherrard cash-flowing listings

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