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

West Chicago, IL has a median modeled monthly cash flow of $-1,210 and a median cap rate of 2.8%, on a median sold price of $409,450. Prices changed +4.8% year over year.

What is the average cap rate in West Chicago, IL?

The median cap rate across recently sold homes in West Chicago, IL is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Chicago, IL?

The median sold price in West Chicago, IL is $409,450 (about $219 per square foot).

Investing in West Chicago, IL Real Estate

A data-driven snapshot of the West Chicago, 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.

$409,450Median sold price

$219Median $/sqft

2.8%Median cap rate

$-1,210Modeled cash flow / mo

+4.8%Appreciation YoY

6.0Months of supply

112Active listings

224Sold (last 12 mo)

What the West Chicago numbers say

In West Chicago, IL, the median home sold for $409,450 (about $219 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,210 of monthly cash flow. Sold prices moved +4.8% over the past year. Inventory sits at about 6.0 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 West Chicago cash-flowing listings

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