Chicago, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Chicago, IL. Based on 100+ datapoints.
Chicago, IL Long-Term Rental Investment Snapshot
Based on 100+ long-term rental datapoints
Median Cap Rate
5.7%
Avg Cash on Cash
-4.4%
Median Cashflow
-$234/mo
Avg Rent Estimate
$2,406/mo
Avg Price
$323,342
Price Range
$50K – $700K
approximate
Rent to Price
0.74%
low ratio
Positive Cashflow
34%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Chicago, IL
Chicago, IL presents a balanced long-term rental investment profile across 100+ analyzed datapoints. A median 5.7% cap rate combined with -4.4% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 100+ analyzed properties, the median monthly cashflow in Chicago, IL is -$234 with average rents of $2,406/month. Properties are priced about $50,000 to $700,000, offering entry points across multiple investment budgets.
300 N State St APT 3903, Chicago, IL 60654
Price
$200,500
Rent
$1,950
CachFlow
-$578
CoC
-16.47
Chicago, IL Rental Market Insights
- Median cashflow is -$234/month — careful deal selection is essential here
- 5.7% median cap rate reflects a balanced risk-return profile
- At 34% positive cashflow rate, Chicago, IL requires selective property picks
- Mid-to-upper tier market with properties priced about $50,000 to $700,000