Chicago Heights, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Chicago Heights, IL. Based on 10+ datapoints.
Chicago Heights, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5.8%
Avg Cash on Cash
-5.7%
Median Cashflow
-$221/mo
Avg Rent Estimate
$2,192/mo
Avg Price
$236,973
Price Range
$107,900 - $289,000
Rent to Price
0.92%
okay ratio
Positive Cashflow
27%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Chicago Heights, IL
Chicago Heights, IL is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.8% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Chicago Heights, IL is -$221 with average rents of $2,192/month. Properties range from $107,900 to $289,000, offering entry points across multiple investment budgets.
191 Kathleen Ln, Chicago Heights, IL 60411
Price
$288,700
Rent
$2,310
CachFlow
-$509
CoC
-10.07
81 E Arquilla Dr E, Chicago Heights, IL 60411
Price
$189,900
Rent
$1,976
CachFlow
-$157
CoC
-4.72
Chicago Heights, IL Rental Market Insights
- •Median cashflow is -$221/month — careful deal selection is essential here
- •5.8% median cap rate reflects a balanced risk-return profile
- •At 27% positive cashflow rate, Chicago Heights, IL requires selective property picks
- •Moderately priced market with properties from $107,900 to $289,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals