Chicago, IL Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Chicago, IL. Based on 100+ datapoints.
Chicago, IL Mid-Term Rental Investment Snapshot
Based on 100+ mid-term rental datapoints
Median Cap Rate
6.8%
Avg Cash on Cash
3.2%
Median Cashflow
$170/mo
Avg Rent Estimate
$3,797/mo
Avg Price
$374,423
Price Range
$42,000 - $757,900
Rent to Price
1.01%
strong ratio
Positive Cashflow
58%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Chicago, IL
Chicago, IL presents a balanced mid-term rental profile across 100+ analyzed datapoints. A median 6.8% cap rate combined with 3.2% average cash-on-cash returns make this a solid market for investors blending furnished-rental yield with the operational simplicity of monthly stays at a mid-to-upper tier price point.
Across 100+ analyzed properties, Chicago, IL mid-term rental investments show a median monthly cashflow of $170 with average furnished rent estimates of $3,797/month. These figures reflect real property data, not projections.
Chicago, IL Mid-Term Rental Market Insights
- •Positive median cashflow of $170/month indicates most investors cover expenses
- •6.8% median cap rate reflects a balanced risk-return profile
- •58% positive cashflow rate means roughly half properties are cash-flow positive
- •Mid-to-upper tier market with properties from $42,000 to $757,900