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

Steger, IL has a median modeled monthly cash flow of $88 and a median cap rate of 7.0%, on a median sold price of $179,900. Prices changed +5.6% year over year.

What is the average cap rate in Steger, IL?

The median cap rate across recently sold homes in Steger, IL is 7.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Steger, IL?

The median sold price in Steger, IL is $179,900 (about $142 per square foot).

Investing in Steger, IL Real Estate

#216 cash-flow market in the U.S.

A data-driven snapshot of the Steger, 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.

$179,900Median sold price

$142Median $/sqft

7.0%Median cap rate

$88Modeled cash flow / mo

+5.6%Appreciation YoY

10.5Months of supply

89Active listings

102Sold (last 12 mo)

What the Steger numbers say

In Steger, IL, the median home sold for $179,900 (about $142 per square foot), and the typical deal models out to a 7.0% cap rate with a median $88 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 10.5 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 Steger cash-flowing listings

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