Discover the top rental investment opportunities across Illinois. Each region offers unique potential for real estate investment based on factors such as price appreciation, rent growth and demography. The locations are ranked based on RIA Score.
This region has experienced high 7.80% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 5.64, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 25.45% even with high mortgage interest.
Conclusion: Based on the analysis, in 60429, Hazel Crest, Cook County, IL offers promising investment potential with an excellent 25.45% annual return on investment with 20% down payment.
This region has experienced high 4.10% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 6.16, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 21.34% even with high mortgage interest.
Conclusion: Based on the analysis, in 60419, Dolton, Cook County, IL offers promising investment potential with an excellent 21.34% annual return on investment with 20% down payment.
This region has experienced decent 2.25% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 7.97, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 14.94% even with high mortgage interest.
Conclusion: Based on the analysis, in 60301, Oak Park, Cook County, IL offers promising investment potential with an attractive 14.94% annual return on investment with 20% down payment.
This region has experienced high 4.59% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 6.57, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 14.81% even with high mortgage interest.
Conclusion: Based on the analysis, in 60466, Park Forest, Cook County, IL offers promising investment potential with an attractive 14.81% annual return on investment with 20% down payment.
This region has experienced comparatively flat 1.67% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 6.87, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 12.88% even with high mortgage interest.
Conclusion: Based on the analysis, in 61604, Peoria, Peoria County, IL offers promising investment potential with an attractive 12.88% annual return on investment with 20% down payment.
This region has experienced high 5.13% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 8.25, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 11.51% even with high mortgage interest.
Conclusion: Based on the analysis, in 61115, Machesney Park, Winnebago County, IL offers promising investment potential with an attractive 11.51% annual return on investment with 20% down payment.
This region has experienced decent 2.39% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.81, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 11.32% even with high mortgage interest.
Conclusion: Based on the analysis, in 60643, Chicago, Cook County, IL offers promising investment potential with an attractive 11.32% annual return on investment with 20% down payment.
This region has experienced high 4.53% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 8.12, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 11.15% even with high mortgage interest.
Conclusion: Based on the analysis, in 60411, Chicago Heights, Cook County, IL offers promising investment potential with an attractive 11.15% annual return on investment with 20% down payment.
This region has experienced comparatively flat 0.98% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 9.14, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 7.46% even with high mortgage interest.
Conclusion: Based on the analysis, in 60606, Chicago, Cook County, IL offers promising investment potential with an average 7.46% annual return on investment with 20% down payment.
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