Real Estate Investing in Bartonville, Illinois (61607)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61607 (Bartonville, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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 Bartonville, IL (61607)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61607 Bartonville
The 61607 ZIP covers a section of Bartonville that demands careful diligence. Prices near $170K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $170K asset, 61607 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 61607 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 61607 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, 61607 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 Bartonville:
Property Strategy for 61607
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,407 | $1,090 | 6.6% | +7.9% | $59,203 |
| 3BR | $168,337 | $1,410 | 6.0% | +7.5% | $56,112 |
| 4BR | $223,574 | $1,520 | 4.9% | +6.8% | $55,894 |
Market Trends
Home Value History (with trend line)
📊 How Does 61607 Compare?
| Metric | 61607 | Bartonville | Peoria, IL | Illinois |
|---|---|---|---|---|
| Home Value | $169,875 | $169,875 | N/A | $279,761 |
| 5-Year CAGR | 7.9% | 7.9% | N/A | 6.6% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 61607 (Bartonville, IL). Anonymous, moderated, never written by AI.
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Property managers serving Peoria County
Manage rentals here? List your business →NHS Property Management, Inc. offers residential, commercial, and HOA property management services in Peoria, managing apartments and townhomes. summary from their website
S&S Property Management offers residential and commercial property management services in the Peoria, IL metropolitan area and Central Illinois, including apartments, rental homes, condos, and commerc summary from their website
Principle Property Management is proudly rooted in Peoria. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $169,875 |
| Monthly Rent | $981 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 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 (4.5%). 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 61607
Population: 10,734
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
🎓 Schools in 61607
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
What kind of vacancy should I budget for in Bartonville, IL?
Bartonville, IL carries elevated vacancy risk. Expect stable absorption at market rents of $981/mo.
How strong is tenant demand in Bartonville, IL?
The renter base in Bartonville, IL is reasonable for the $981/mo price point. Screening well and pricing to market typically yields predictable tenants.
Where do home prices stand in Bartonville, IL?
In Bartonville, IL the median home value sits at $170K. Against the broader IL market, that reads as reasonable for most investors.
Is Bartonville, IL suited for a house hack?
Bartonville, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $170K price point reasonable to enter.
Are landlord laws favorable in Bartonville, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Bartonville generally follows the statewide framework, so landlords face reasonable operating rules.
You know 61607 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 61607 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 61607 ranks in Peoria, IL
Every ZIP in this metro, ranked. Free.
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