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 comparatively flat 1.20% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 3.47, 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 34.84% even with high mortgage interest.
Conclusion: Based on the analysis, in 61603, Peoria, Peoria County, IL offers promising investment potential with an excellent 34.84% annual return on investment with 20% down payment.
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 high 4.45% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 5.91, 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 19.86% even with high mortgage interest.
Conclusion: Based on the analysis, in 60621, Chicago, Cook County, IL offers promising investment potential with an attractive 19.86% annual return on investment with 20% down payment.
This region has experienced high 7.86% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 6.79, 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 16.71% even with high mortgage interest.
Conclusion: Based on the analysis, in 60636, Chicago, Cook County, IL offers promising investment potential with an attractive 16.71% annual return on investment with 20% down payment.
This region has experienced high 5.21% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 7.00, 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 16.52% even with high mortgage interest.
Conclusion: Based on the analysis, in 60628, Chicago, Cook County, IL offers promising investment potential with an attractive 16.52% 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 decent 2.36% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 6.03, 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 14.88% even with high mortgage interest.
Conclusion: Based on the analysis, in 61101, Rockford, Winnebago County, IL offers promising investment potential with an attractive 14.88% 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 high 5.94% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 11.34 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
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 13.77% even with high mortgage interest.
Conclusion: Based on the analysis, in 60626, Chicago, Cook County, IL offers promising investment potential with an attractive 13.77% annual return on investment with 20% down payment.
This region has experienced decent 2.54% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM is low at 8.71, 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 13.32% even with high mortgage interest.
Conclusion: Based on the analysis, in 60649, Chicago, Cook County, IL offers promising investment potential with an attractive 13.32% 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 5.76% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 9.58, 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 12.74% even with high mortgage interest.
Conclusion: Based on the analysis, in 60617, Chicago, Cook County, IL offers promising investment potential with an attractive 12.74% annual return on investment with 20% down payment.
This region has experienced comparatively flat 1.20% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 5.91, 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 12.48% even with high mortgage interest.
Conclusion: Based on the analysis, in 62703, Springfield, Sangamon County, IL offers promising investment potential with an attractive 12.48% annual return on investment with 20% down payment.
This region has experienced high 7.75% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 12.62 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
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 11.55% even with high mortgage interest.
Conclusion: Based on the analysis, in 60651, Chicago, Cook County, IL offers promising investment potential with an attractive 11.55% 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 high 5.26% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 10.54 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
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 11.34% even with high mortgage interest.
Conclusion: Based on the analysis, in 60619, Chicago, Cook County, IL offers promising investment potential with an attractive 11.34% 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 high 7.95% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 12.43 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
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 11.10% even with high mortgage interest.
Conclusion: Based on the analysis, in 60130, Forest Park, Cook County, IL offers promising investment potential with an attractive 11.10% annual return on investment with 20% down payment.
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