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

Westchester, IL has a median modeled monthly cash flow of $-630 and a median cap rate of 4.4%, on a median sold price of $385,000. Prices changed +8.2% year over year.

What is the average cap rate in Westchester, IL?

The median cap rate across recently sold homes in Westchester, IL is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westchester, IL?

The median sold price in Westchester, IL is $385,000 (about $270 per square foot).

Investing in Westchester, IL Real Estate

A data-driven snapshot of the Westchester, 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.

$385,000Median sold price

$270Median $/sqft

4.4%Median cap rate

$-630Modeled cash flow / mo

+8.2%Appreciation YoY

4.0Months of supply

75Active listings

225Sold (last 12 mo)

What the Westchester numbers say

In Westchester, IL, the median home sold for $385,000 (about $270 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-630 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 4.0 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 Westchester cash-flowing listings

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