Real Estate Investing in Marseilles, Illinois (61341)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61341 (Marseilles, 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.
- High vacancy: 16.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Marseilles, IL (61341)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61341 Marseilles
ZIP 61341 in Marseilles, IL carries a substantial set of headwinds. Home values near $215K and rents of $1,116/mo sit inside a market where underwriting has to be tight.
The 61341 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Marseilles have seen price recovery that 61341 has not matched. La Salle County data supports the view that the spread is structural rather than temporary.
Demographically, 61341 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 61341 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Marseilles:
Property Strategy for 61341
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $142,651 | $1,240 | 6.3% | +10.4% | $71,325 |
| 3BR | $220,902 | $1,660 | 5.4% | +9.9% | $73,634 |
| 4BR | $292,991 | $1,950 | 4.8% | +9.7% | $73,248 |
Market Trends
Home Value History (with trend line)
📊 How Does 61341 Compare?
| Metric | 61341 | Marseilles | Ottawa, IL | Illinois |
|---|---|---|---|---|
| Home Value | $215,126 | $215,126 | N/A | $279,761 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 6.6% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 61341 (Marseilles, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61341 (Marseilles, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $215,126 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (4.1%). 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 61341
Population: 7,249
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 61341
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
How tight is the rental market in Marseilles, IL?
Marseilles, IL carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,116/mo.
Which real estate strategy fits Marseilles, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Marseilles, IL. The numbers - $215K homes against $1,116/mo rents - support that play.
What are home prices like in Marseilles, IL?
Median home price in Marseilles, IL is near $215K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
How strong is the working-renter base in Marseilles, IL?
The renter base in Marseilles, IL is reasonable for the $1,116/mo price point. Screening well and pricing to market typically yields consistent tenants.
How does Marseilles, IL stack up for property investment?
Yes - Marseilles, IL a 3.0/5 investability score. With $215K home prices against $1,116/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 61341 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61341 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 61341 ranks in Ottawa, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61341 (Marseilles)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61341 (Marseilles, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.