Real Estate Investing in Illinois

193 counties • 1235 cities • Landlord Friendliness: 5/5

3.0/ 5

Investability

Top ZIPs average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Illinois

★ ★ ★ ★ ★ 5/5
Eviction Speed Fast 5 days
Rent Control No rent control (prohibited)
Security Deposit No limit

📊 Illinois Market Overview

Median Home Value $279,761
1-Year CAGR +3.9%
5-Year CAGR +6.6%
10-Year CAGR +5.3%

Investing in Illinois Real Estate

Illinois is one of the states where screen data understates the risk. A aggregate and a 0.0% 5-year CAGR warn what the glossy brochures don't.

Rent trends across Illinois have been soft, and price trends have been mixed — a combination that compresses realized returns well below headline cap rates.

For investors in Illinois's weaker markets, the landlord environment is one more variable to underwrite carefully. a stretch for courts can be slow, and enforcement costs real money.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo
Avg Home Value $279,761
Cities Tracked 1235
ZIP Codes 1,488

Market Trends — Illinois

Statewide Home Value History

$291K$259K$227K$195K$163K$131KNov 2005Nov 2015Oct 2025

Statewide Rent History

$1,929$1,815$1,700$1,586$1,471$1,357May 2016May 2021May 2026

Top ZIP Codes in Illinois

60629 Chicago $269,680 ★ ★ ★ ★ ★ 60618 Chicago $577,169 ★ ★ ★ ★ ★ 60632 Chicago $283,054 ★ ★ ★ ★ ★ 60647 Chicago $571,255 ★ ★ ★ ★ ★ 60639 Chicago $330,026 ★ ★ ★ ★ ★ 60804 Cicero $274,831 ★ ★ ★ ★ ★ 60608 Chicago $359,048 ★ ★ ★ ★ ★ 60617 Chicago $179,662 ★ ★ ★ ★ ★ 60625 Chicago $413,362 ★ ★ ★ ★ ★ 60623 Chicago $222,857 ★ ★ ★ ★ ★ 60634 Chicago $375,891 ★ ★ ★ ★ ★ 60085 Waukegan $238,311 ★ ★ ★ ★ ★

🎓 Education in Illinois

🏫 Top K-12 Schools

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🎓 Top Colleges & Universities

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📊 Explore More for Illinois

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Illinois Colleges

Counties in Illinois

Cook County (164 ZIPs) DuPage County (36 ZIPs) Lake County (26 ZIPs) Will County (30 ZIPs) Kane County (19 ZIPs) McHenry County (18 ZIPs) Winnebago County (17 ZIPs) Madison County (24 ZIPs) Saint Clair County (21 ZIPs) Champaign County (20 ZIPs) Sangamon County (21 ZIPs) Peoria County (21 ZIPs) McLean County (21 ZIPs) Rock Island County (14 ZIPs) Kendall County (7 ZIPs) Tazewell County (15 ZIPs) La Salle County (18 ZIPs) Macon County (13 ZIPs) Kankakee County (13 ZIPs) DeKalb County (12 ZIPs) Vermilion County (18 ZIPs) Williamson County (8 ZIPs) Adams County (7 ZIPs) Whiteside County (10 ZIPs) Boone County (5 ZIPs) Jackson County (9 ZIPs) Ogle County (13 ZIPs) Coles County (6 ZIPs) Knox County (9 ZIPs) Henry County (10 ZIPs)

163 more counties available

Major Cities in Illinois

Chicago (56 ZIPs) Aurora (5 ZIPs) Rockford (16 ZIPs) Naperville (4 ZIPs) Elgin (3 ZIPs) Peoria (19 ZIPs) Joliet (4 ZIPs) Plainfield (3 ZIPs) Waukegan (2 ZIPs) Springfield (19 ZIPs) Champaign (3 ZIPs) Des Plaines (2 ZIPs) Bloomington (6 ZIPs) Cicero (1 ZIPs) Evanston (4 ZIPs) Arlington Heights (2 ZIPs) Decatur (6 ZIPs) Schaumburg (4 ZIPs) Palatine (2 ZIPs) Bolingbrook (2 ZIPs) Oswego (2 ZIPs) Orland Park (2 ZIPs) Belleville (3 ZIPs) Berwyn (1 ZIPs) Tinley Park (2 ZIPs) Round Lake (1 ZIPs) Skokie (2 ZIPs) Crystal Lake (2 ZIPs) Wheaton (2 ZIPs) Downers Grove (2 ZIPs) Oak Lawn (1 ZIPs) Mount Prospect (1 ZIPs) McHenry (2 ZIPs) Glenview (2 ZIPs) Normal (1 ZIPs) Oak Park (3 ZIPs) Chicago Heights (1 ZIPs) Lombard (1 ZIPs) Hoffman Estates (2 ZIPs) Quincy (2 ZIPs)

1195 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Popular Neighborhoods in Illinois

Scarsdale Arlington Heights (2 ZIPs) Arrow Wood Aurora (5 ZIPs) Big Woods Aurora (5 ZIPs) Blackhawk Aurora (5 ZIPs) Boulevard District Aurora (5 ZIPs) Fox Valley Aurora (5 ZIPs) Georgetown Aurora (5 ZIPs) Northeast Aurora Aurora (5 ZIPs) Northwest Aurora Aurora (5 ZIPs) Pigeon Hill Aurora (5 ZIPs) Southeast Aurora Aurora (5 ZIPs) Southwest Aurora Aurora (5 ZIPs) Tomcat Aurora (5 ZIPs) Washington Aurora (5 ZIPs) Waterford Aurora (5 ZIPs) West Aurora Aurora (5 ZIPs) West Park Aurora (5 ZIPs) Wheatlands Aurora (5 ZIPs) Westridge Bartlett (1 ZIP) Tanglewood Hills Batavia (1 ZIP) Woodland Hills Batavia (1 ZIP) Albany Park Chicago (56 ZIPs) Andersonville Chicago (56 ZIPs) Arcadia Terrace Chicago (56 ZIPs) Archer Heights Chicago (56 ZIPs)

Frequently Asked Questions About Illinois Real Estate

Are tenants stable in, IL?

Working renters make up the core of the, IL tenant base. The pool is reasonable for investors targeting long-term holds.

What kind of market is, IL for investors?

Our data puts, IL at /5 for investability. Home prices of $280K and rents around create a solid backdrop for investor activity.

How much does a house cost in, IL?

In, IL the median home value sits at $280K. Against the broader IL market, that reads as reasonable for most investors.

How much is rent in, IL?

Rents in, IL run near. Compared with median home prices of $280K that produces solid gross yields for typical rentals.

Find Your Next Investment in Illinois

Use our advanced search to filter by appreciation, cap rate, vacancy, and more.

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