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

Wilmington, IL has a median modeled monthly cash flow of $-745 and a median cap rate of 3.2%, on a median sold price of $285,000. Prices changed +13.3% year over year.

What is the average cap rate in Wilmington, IL?

The median cap rate across recently sold homes in Wilmington, IL is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wilmington, IL?

The median sold price in Wilmington, IL is $285,000 (about $187 per square foot).

Investing in Wilmington, IL Real Estate

A data-driven snapshot of the Wilmington, 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.

$285,000Median sold price

$187Median $/sqft

3.2%Median cap rate

$-745Modeled cash flow / mo

+13.3%Appreciation YoY

6.5Months of supply

45Active listings

83Sold (last 12 mo)

What the Wilmington numbers say

In Wilmington, IL, the median home sold for $285,000 (about $187 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-745 of monthly cash flow. Sold prices moved +13.3% over the past year. Inventory sits at about 6.5 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 Wilmington cash-flowing listings

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