Real Estate Investing in Baileyville, Illinois (61007)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61007 (Baileyville, 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.
• 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 Baileyville, IL (61007)?
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Market Analysis: 61007 Baileyville
Investors eyeing 61007 need to respect the fundamentals at play. Home values of $224K come alongside slower price movement and elevated management overhead.
From an investor standpoint, the numbers look inviting — $224K purchase price, 0.0% nominal cap — the work to hit that pro forma in 61007 is substantial and deserves full respect.
Statewide comparisons place 61007 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 61007 includes headwinds that any investor should price in. Income distribution skews lower than Baileyville averages, and tenant stability requires active management.
The right play in 61007 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Baileyville:
Market Trends
Home Value History (with trend line)
📊 How Does 61007 Compare?
| Metric | 61007 | Baileyville | Rochelle, IL | Illinois |
|---|---|---|---|---|
| Home Value | $223,965 | $223,965 | N/A | $279,761 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.6% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61007 (Baileyville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,965 |
| Monthly Rent | $864 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +12.4% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.0%). 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 61007
Population: 280
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the rental occupancy rate in Baileyville, IL?
Baileyville, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much does a house cost in Baileyville, IL?
Homes in Baileyville, IL typically sell near $224K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is Baileyville, IL a good market for buy-and-hold investors?
Investors tracking Baileyville, IL will find a 3.0/5 rating supported by $224K median home values and $864/mo rents. That profile suits long-term holders targeting predictable returns.
What is the best play in Baileyville, IL?
Baileyville, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($224K prices, $864/mo rents) make it a reasonable choice.
What do landlords charge for rent in Baileyville, IL?
Expect rents around $864/mo per month in Baileyville, IL. With home values at $224K, the yield math works out to reasonable levels for rental investors.
You know 61007 now. You don’t know where it ranks.
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How 61007 ranks in Rochelle, IL
Every ZIP in this metro, ranked. Free.
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