Real Estate Investing in Magnolia, Illinois (61327)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61327 (Magnolia, 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.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Magnolia, IL (61327)?
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Market Analysis: 61327 Magnolia
In practical terms, ZIP 61327 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $232K median. It rewards specialists, not generalists.
Rent of $882/mo on a $232K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 61327 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 61327 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 61327 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Magnolia:
Market Trends
Home Value History (with trend line)
📊 How Does 61327 Compare?
| Metric | 61327 | Magnolia | Ottawa, IL | Illinois |
|---|---|---|---|---|
| Home Value | $232,249 | $116,124 | N/A | $279,761 |
| 5-Year CAGR | 9.1% | 9.1% | N/A | 6.6% |
| Avg Rent | $882 | $882 | 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 61327 (Magnolia, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,249 |
| Monthly Rent | $882 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +14.0% ▲ |
| 3-Year CAGR | +8.6% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 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 61327
Population: 1,341
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 61327
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 568 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which real estate strategy fits Magnolia, IL?
The best-fit strategy in Magnolia, IL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How strong is tenant demand in Magnolia, IL?
Magnolia, IL draws a steady base of working renters. Demand at the $882/mo rent level is reasonable for standard single-family and small multi rentals.
Should investors consider Magnolia, IL?
With a 3.0/5 investability score, Magnolia, IL ranks as a solid market for rental property investors. Median prices of $232K and rents of $882/mo drive the underlying numbers.
Can I house hack in Magnolia, IL?
Magnolia, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $882/mo rent level.
Is Magnolia, IL a friendly market for rental owners?
Magnolia, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 61327 now. You don’t know where it ranks.
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How 61327 ranks in Ottawa, IL
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