Real Estate Investing in Tremont, Illinois (61568)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61568 (Tremont, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Tremont, IL (61568)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61568 Tremont
The 61568 ZIP covers a section of Tremont that demands careful diligence. Prices near $260K look accessible, but the work to make a deal cash flow is real.
The investment case in 61568 is notable only for operators who understand what they are buying. A $260K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Tremont have seen price recovery that 61568 has not matched. Tazewell County data supports the view that the spread is structural rather than temporary.
On the rental side, 4,402 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. notable returns are possible in 61568, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Tremont:
Property Strategy for 61568
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $165,647 | $1,030 | 4.5% | +6.1% | $82,823 |
| 3BR | $233,573 | $1,330 | 4.1% | +6.9% | $77,858 |
| 4BR | $327,078 | $1,440 | 3.2% | +6.0% | $81,770 |
| 5BR | $309,977 | — | — | +5.4% | $61,995 |
Market Trends
Home Value History (with trend line)
📊 How Does 61568 Compare?
| Metric | 61568 | Tremont | Peoria, IL | Illinois |
|---|---|---|---|---|
| Home Value | $260,283 | $260,283 | N/A | $279,761 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.6% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 61568 (Tremont, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 61568 (Tremont, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $260,283 |
| Monthly Rent | $927 |
| Price-to-Rent | 23.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (2.8%). 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 61568
Population: 4,402
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 61568
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 4,842 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are tenants stable in Tremont, IL?
Tremont, IL draws a stable base of working renters. Demand at the $927/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Tremont, IL?
IL law landlord-friendly for landlords, and Tremont inherits those rules. Investors should still review local ordinances for rental licensing.
Are homes affordable in Tremont, IL?
Tremont, IL home values average about $260K. That price point suits investors targeting rentals with $927/mo in monthly income.
What is the typical rental rate in Tremont, IL?
The typical rental in Tremont, IL commands about $927/mo monthly. That rent profile even-keeled cash flow against the $260K purchase basis.
Is real estate in Tremont, IL a good investment right now?
Tremont, IL rates 3.0/5 for investability. With median values at $260K and rents near $927/mo, the market offers reasonable fundamentals for rental investors.
You know 61568 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61568 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 61568 ranks in Peoria, IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 61568 (Tremont)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 61568 (Tremont, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.