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

Somonauk, IL has a median modeled monthly cash flow of $-470 and a median cap rate of 4.3%, on a median sold price of $247,000. Prices changed +2.7% year over year.

What is the average cap rate in Somonauk, IL?

The median cap rate across recently sold homes in Somonauk, IL is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Somonauk, IL?

The median sold price in Somonauk, IL is $247,000 (about $170 per square foot).

Investing in Somonauk, IL Real Estate

A data-driven snapshot of the Somonauk, 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.

$247,000Median sold price

$170Median $/sqft

4.3%Median cap rate

$-470Modeled cash flow / mo

+2.7%Appreciation YoY

4.7Months of supply

15Active listings

38Sold (last 12 mo)

What the Somonauk numbers say

In Somonauk, IL, the median home sold for $247,000 (about $170 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-470 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 4.7 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 Somonauk cash-flowing listings

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