Real Estate Investing in Industry, Illinois (61440)
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Should you buy in 61440 (Industry, IL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
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 Industry, IL (61440)?
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Market Analysis: 61440 Industry
The 61440 ZIP covers a section of Industry that demands careful diligence. Prices near $97K look accessible, but the work to make a deal cash flow is real.
The 61440 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 Industry have seen price recovery that 61440 has not matched. McDonough County data supports the view that the spread is structural rather than temporary.
The 61440 ZIP's population of 734 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategically, 61440 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 Industry:
Market Trends
Home Value History (with trend line)
📊 How Does 61440 Compare?
| Metric | 61440 | Industry | Macomb, IL | Illinois |
|---|---|---|---|---|
| Home Value | $96,792 | $96,792 | N/A | $279,761 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 6.7% | 6.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61440 (Industry, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $96,792 |
| Monthly Rent | $828 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.3% |
| Cap Rate | 6.7% |
| 5-Year IRR | 19.1% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 61440
Population: 734
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
Investor Insight: With 572 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How should investors approach Industry, IL?
Most investors in Industry, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Industry, IL landlord-friendly?
IL ranks as a landlord-friendly state for landlord-tenant law. Industry generally follows the statewide framework, so landlords face reasonable operating rules.
Should investors consider Industry, IL?
With a 3.0/5 investability score, Industry, IL ranks as a solid market for rental property investors. Median prices of $97K and rents of $828/mo drive the underlying numbers.
How viable is house hacking in Industry, IL?
The house hack math a challenging in Industry, IL. Owner-occupant buyers benefit from the $828/mo rents and $97K home values.
What is the typical renter like in Industry, IL?
Industry, IL offers a stable renter base at the $828/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 61440 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61440 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 61440 ranks in Macomb, IL
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