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

West Chicago, IL has a median modeled monthly cash flow of $-1,173 and a median cap rate of 3.0%, on a median sold price of $384,500. Prices changed +6.8% 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 3.0%, 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 $384,500 (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.

$384,500Median sold price

$219Median $/sqft

3.0%Median cap rate

$-1,173Modeled cash flow / mo

+6.8%Appreciation YoY

3.5Months of supply

63Active listings

216Sold (last 12 mo)

What the West Chicago numbers say

In West Chicago, IL, the median home sold for $384,500 (about $219 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,173 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 3.5 months of supply — a tight, seller-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 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.