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 30+ datapoints.
Chicago, IL Mid-Term Rental Investment Snapshot
Based on 30+ mid-term rental datapoints
Median Cap Rate
7.6%
Avg Cash on Cash
9.3%
Median Cashflow
$647/mo
Avg Rent Estimate
$3,995/mo
Avg Price
$321,597
Price Range
$42,000 - $940,000
Rent to Price
1.24%
strong ratio
Positive Cashflow
66%
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 30+ analyzed datapoints. A median 7.6% cap rate combined with 9.3% 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 30+ analyzed properties, Chicago, IL mid-term rental investments show a median monthly cashflow of $647 with average furnished rent estimates of $3,995/month. These figures reflect real property data, not projections.
Chicago, IL Mid-Term Rental Market Insights
- •Strong median cashflow of $647/month — top-tier for mid-term rentals
- •7.6% median cap rate reflects a balanced risk-return profile
- •66% positive cashflow rate means roughly half properties are cash-flow positive
- •Mid-to-upper tier market with properties from $42,000 to $940,000