Real Estate Investing in Keenes, Illinois

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

1 ZIP codes • Population: 273 • Wayne

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

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
POOR
0.0 / 5 (0/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 22.4% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Keenes, IL?

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0.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Home Value $0
ZIP Codes 1

Investing in Keenes Real Estate

Across Keenes's 1 ZIPs, the picture is thin: $N/AK median values, $ rents, and a population that has faced real economic pressure.

The investment case for Keenes is difficult to make on screen data alone. a harder case for a rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rent trends and price trends in Keenes are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Illinois.

Keenes's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Keenes, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$0
Landlord Friendly (IL)

ZIP Codes in Keenes, IL

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Frequently Asked Questions About Keenes, IL

Do rentals sit vacant long in Keenes, IL?

Keenes, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What kind of tenants rent in Keenes, IL?

The renter base in Keenes, IL is reasonable for the price point. Screening well and pricing to market typically yields consistent tenants.

How much is rent in Keenes, IL?

Average rent in Keenes, IL is approximately per month. Against home values that yields a reasonable rent-to-price ratio.

Is Keenes, IL good for house hacking?

Keenes, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the rent level.

Does Keenes, IL make sense for an investment property?

Keenes, IL reflects an investability rating /5, with median home values near and average rents around. That combination puts it in the durable tier for investor interest.

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