Real Estate Investing in Cullom, Illinois (60929)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60929 (Cullom, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 12.5% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cullom, IL (60929)?
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Market Analysis: 60929 Cullom
The 60929 ZIP in Cullom, IL is a local-operator market. Outside capital chasing a $151K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 60929 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader IL picture, 60929 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Meanwhile, 598 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 60929 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Cullom:
Market Trends
Home Value History (with trend line)
📊 How Does 60929 Compare?
| Metric | 60929 | Cullom | Pontiac, IL | Illinois |
|---|---|---|---|---|
| Home Value | $150,585 | $150,585 | N/A | $279,761 |
| 5-Year CAGR | 9.2% | 9.2% | N/A | 6.6% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60929 (Cullom, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $150,585 |
| Monthly Rent | $954 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 14.1% |
📈 Home Appreciation
| 1-Year | +17.7% ▲ |
| 3-Year CAGR | +9.4% ▲ |
| 5-Year CAGR | +9.2% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 60929
Population: 598
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 60929
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.
Frequently Asked Questions
Where do rents currently stand in Cullom, IL?
Investors in Cullom, IL typically see rents near $954/mo per month against $151K home values - a solid setup for rental cash flow.
Are renters plentiful in Cullom, IL?
Working renters make up the core of the Cullom, IL tenant base. The pool is reasonable for investors targeting long-term holds.
What is the typical home price in Cullom, IL?
Homes in Cullom, IL typically sell near $151K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What is the best play in Cullom, IL?
For Cullom, IL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Do rentals sit vacant long in Cullom, IL?
Expect elevated vacancy in Cullom, IL. Rents at $954/mo are absorbed by the tenant base without meaningful lag.
You know 60929 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60929 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 60929 ranks in Pontiac, IL
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