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

Shorewood, IL has a median modeled monthly cash flow of $-889 and a median cap rate of 4.1%, on a median sold price of $395,750. Prices changed +4.4% year over year.

What is the average cap rate in Shorewood, IL?

The median cap rate across recently sold homes in Shorewood, IL is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shorewood, IL?

The median sold price in Shorewood, IL is $395,750 (about $191 per square foot).

Investing in Shorewood, IL Real Estate

A data-driven snapshot of the Shorewood, 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.

$395,750Median sold price

$191Median $/sqft

4.1%Median cap rate

$-889Modeled cash flow / mo

+4.4%Appreciation YoY

10.4Months of supply

177Active listings

204Sold (last 12 mo)

What the Shorewood numbers say

In Shorewood, IL, the median home sold for $395,750 (about $191 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-889 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 10.4 months of supply — a looser, buyer-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 Shorewood cash-flowing listings

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