Real Estate Investing in Hampshire, Illinois (60140)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60140 (Hampshire, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Hampshire, IL (60140)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60140 Hampshire
This part of Kane County is not an easy win. The 60140 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $400K asset, 60140 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 60140 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 60140 includes headwinds that any investor should price in. Income distribution skews lower than Hampshire averages, and tenant stability requires active management.
New investors are better served looking at Hampshire's stable or hybrid ZIPs before stepping into 60140. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hampshire:
Property Strategy for 60140
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $288,155 | $2,170 | 5.4% | +8.6% | $144,078 |
| 3BR | $342,133 | $2,790 | 5.9% | +7.9% | $114,044 |
| 4BR | $447,843 | $3,230 | 5.2% | +7.7% | $111,961 |
| 5BR | $491,118 | — | — | +7.5% | $98,224 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60140 Compare?
| Metric | 60140 | Hampshire | Illinois |
|---|---|---|---|
| Home Value | $399,509 | $399,509 | $279,761 |
| 5-Year CAGR | 6.3% | 6.3% | 6.6% |
| Avg Rent | $2,525 | $2,525 | - |
| Cap Rate | 4.9% | 4.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60140 (Hampshire, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $399,509 |
| Monthly Rent | $2,525 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60140
Population: 21,844
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 60140
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,762 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Hampshire, IL a good market for buy-and-hold investors?
Our data puts Hampshire, IL at 3.0/5 for investability. Home prices of $400K and rents around $2,525/mo create a solid backdrop for investor activity.
Is rental property easy to operate in Hampshire, IL?
Landlord-friendliness in Hampshire, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What do rentals go for in Hampshire, IL?
Average rent in Hampshire, IL is approximately $2,525/mo per month. Against $400K home values that yields a reasonable rent-to-price ratio.
How high is vacancy risk in Hampshire, IL?
Vacancy risk in Hampshire, IL is elevated. That supports stable cash flow for typical rental holds.
What is the best play in Hampshire, IL?
Hampshire, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($400K prices, $2,525/mo rents) make it a reasonable choice.
You know 60140 now. You don’t know where it ranks.
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How 60140 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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