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

Wilmette, IL has a median modeled monthly cash flow of $-3,980 and a median cap rate of 2.0%, on a median sold price of $1,095,000. Prices changed +0.0% year over year.

What is the average cap rate in Wilmette, IL?

The median cap rate across recently sold homes in Wilmette, IL is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wilmette, IL?

The median sold price in Wilmette, IL is $1,095,000 (about $388 per square foot).

Investing in Wilmette, IL Real Estate

A data-driven snapshot of the Wilmette, 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.

$1,095,000Median sold price

$388Median $/sqft

2.0%Median cap rate

$-3,980Modeled cash flow / mo

+0.0%Appreciation YoY

3.3Months of supply

110Active listings

395Sold (last 12 mo)

What the Wilmette numbers say

In Wilmette, IL, the median home sold for $1,095,000 (about $388 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-3,980 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 3.3 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 Wilmette cash-flowing listings

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