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

Wauconda, IL has a median modeled monthly cash flow of $-904 and a median cap rate of 3.8%, on a median sold price of $345,000. Prices changed -2.6% year over year.

What is the average cap rate in Wauconda, IL?

The median cap rate across recently sold homes in Wauconda, IL is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wauconda, IL?

The median sold price in Wauconda, IL is $345,000 (about $184 per square foot).

Investing in Wauconda, IL Real Estate

A data-driven snapshot of the Wauconda, 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.

$345,000Median sold price

$184Median $/sqft

3.8%Median cap rate

$-904Modeled cash flow / mo

-2.6%Appreciation YoY

5.8Months of supply

94Active listings

193Sold (last 12 mo)

What the Wauconda numbers say

In Wauconda, IL, the median home sold for $345,000 (about $184 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-904 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 5.8 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 Wauconda cash-flowing listings

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