Real Estate Investing in Toulon, Illinois (61483)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61483 (Toulon, 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.
- Elevated vacancy: 10.0% 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 Toulon, IL (61483)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61483 Toulon
ZIP 61483 inside Stark County looks affordable on the surface — median value of $149K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 61483 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 61483 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 61483 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward 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 Toulon:
Market Trends
Home Value History (with trend line)
📊 How Does 61483 Compare?
| Metric | 61483 | Toulon | Peoria, IL | Illinois |
|---|---|---|---|---|
| Home Value | $148,842 | $148,842 | N/A | $279,761 |
| 5-Year CAGR | 1.5% | 1.5% | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61483 (Toulon, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $148,842 |
| Monthly Rent | $828 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +13.1% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +3.2% ▲ |
🏠 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 (4.3%). 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 61483
Population: 1,876
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 61483
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
What monthly rent should investors expect in Toulon, IL?
Rental rates in Toulon, IL average $828/mo. Tenant demand and $149K home values make the yield look reasonable by investor standards.
What kind of tenants rent in Toulon, IL?
Tenant quality in Toulon, IL ranks as solid. Landlords generally report steady occupancy at market rents of $828/mo.
Is Toulon, IL better for rentals, flips, or BRRRR?
For Toulon, IL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What are vacancy rates like in Toulon, IL?
Toulon, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.
How do landlord-tenant laws work in Toulon, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Toulon generally follows the statewide framework, so landlords face reasonable operating rules.
You know 61483 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61483 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 61483 ranks in Peoria, IL
Every ZIP in this metro, ranked. Free.
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