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 10+ datapoints.
Chicago, IL Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
8.5%
Avg Cash on Cash
10.6%
Median Cashflow
$758/mo
Avg Rent Estimate
$4,299/mo
Avg Price
$323,560
Price Range
$157,300 - $552,400
Rent to Price
1.33%
strong ratio
Positive Cashflow
90%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Chicago, IL
Chicago, IL delivers consistent cashflow for mid-term rental investors. 90% of analyzed properties generate positive monthly cashflow, with a median of $758/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Chicago, IL mid-term rental investments show a median monthly cashflow of $758 with average furnished rent estimates of $4,299/month. These figures reflect real property data, not projections.
Chicago, IL Mid-Term Rental Market Insights
- •Strong median cashflow of $758/month — top-tier for mid-term rentals
- •8.5% median cap rate places Chicago, IL among higher-yielding markets nationwide
- •90% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $157,300 to $552,400
- •Ideal for investors building a portfolio of income-producing properties