Illinois Real Estate Market

Rental Property Investment in Illinois

Find the most profitable long-term rental properties across Illinois. Average Cash-on-Cash: 8-11%. Flat state income tax (4.95%).

Start Free 7-Day Trial Learn How It Works

Cancel anytime

Illinois Rental Market Overview

Key statistics for real estate investors in Illinois

12.6 million

Population

$280,000

Median Price

$1,500

Avg Rent

8-11%

Cash-on-Cash

Yes

State Tax

Medium

Landlord Friendly

Top Investment Markets in Illinois

Compare the best cities for rental property investment

Why Invest in Illinois Rental Properties?

Chicago offers diverse neighborhood options

Major corporate headquarters and employers

Strong public transportation infrastructure

Lower prices than coastal gateway cities

Suburbs provide stable rental markets

Current Market Trends

South and West side neighborhoods higher cash flow

Suburban Cook County stable appreciation

Property taxes are high - analyze carefully

Chicago rent control ordinances in effect

Illinois State Tax Status

Flat state income tax (4.95%)

Factor state income tax into your cash flow calculations when analyzing properties.

All Major Cities in Illinois

Explore rental property opportunities across the state

Chicago

Aurora

Naperville

Joliet

Rockford

Metrics Calculated for Every Illinois Property

Cash-on-Cash Return

Cap Rate

Monthly Cash Flow

Total ROI

Gross Rent Multiplier

Debt Service Coverage

Break-Even Ratio

Price per Sq Ft

Start Finding Profitable Rentals in Illinois Today

Enter any IL zip code and instantly discover the top 20 deals ranked by Cash-on-Cash return

Start Your Free 7-Day Trial