Real Estate Investing in Berkeley, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 5,205 • Cook County

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Should you buy in Berkeley, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $310,990
Avg Monthly Rent $1,269
ZIP Codes 1

Investing in Berkeley Real Estate

Berkeley in Illinois is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Berkeley is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Berkeley at $1,269/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Berkeley — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Chicago-Naperville-Elgin, IL-IN-WI

Berkeley is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Property managers serving Cook County

Manage rentals here? List your business →

American Property Management of Illinois, Inc. (Associa) provides comprehensive HOA and condominium management services in Chicago and surrounding areas. summary from their website

HOA
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Blackhawk Realty Management, LLC provides professional property management and real estate services for its multifamily apartment portfolio, founded in 2004. summary from their website

Small multifamily
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Buckingham Property Management, Inc. offers apartment rentals and management services. summary from their website

Small multifamily
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$310,990
Avg Monthly Rent
$1,269
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Berkeley, IL

Screen every ZIP in Berkeley

Filter Berkeley’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Berkeley, IL

What is the renter demographic in Berkeley, IL?

Tenant demand in Berkeley, IL is solid. The local workforce $1,269/mo rents across most rental classes.

Is Berkeley, IL a good market for FHA house hackers?

The house hack math a challenging in Berkeley, IL. Owner-occupant buyers benefit from the $1,269/mo rents and $311K home values.

What are home prices like in Berkeley, IL?

Homes in Berkeley, IL typically sell near $311K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

What do landlords charge for rent in Berkeley, IL?

The typical rental in Berkeley, IL commands about $1,269/mo monthly. That rent profile consistent cash flow against the $311K purchase basis.

Does Berkeley, IL favor landlords or tenants?

Berkeley, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

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