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

Shorewood, IL has a median modeled monthly cash flow of $-1,026 and a median cap rate of 3.6%, on a median sold price of $382,500. Prices changed +3.8% year over year.

What is the average cap rate in Shorewood, IL?

The median cap rate across recently sold homes in Shorewood, IL is 3.6%, 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 $382,500 (about $189 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.

$382,500Median sold price

$189Median $/sqft

3.6%Median cap rate

$-1,026Modeled cash flow / mo

+3.8%Appreciation YoY

8.0Months of supply

140Active listings

209Sold (last 12 mo)

What the Shorewood numbers say

In Shorewood, IL, the median home sold for $382,500 (about $189 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-1,026 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 8.0 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.