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
7.9%
Avg Cash on Cash
5.3%
Median Cashflow
$348/mo
Avg Rent Estimate
$3,675/mo
Avg Price
$330,967
Price Range
$50K – $750K
approximate
Rent to Price
1.11%
strong ratio
Positive Cashflow
65%
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 7.9% cap rate combined with 5.3% 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 $348 with average furnished rent estimates of $3,675/month. These figures reflect real property data, not projections.
Chicago, IL Mid-Term Rental Market Insights
- Positive median cashflow of $348/month indicates most investors cover expenses
- 7.9% median cap rate reflects a balanced risk-return profile
- 65% positive cashflow rate means roughly half properties are cash-flow positive
- Mid-to-upper tier market with properties priced about $50,000 to $750,000