Real Estate Investing in Secor, Illinois (61771)
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Should you buy in 61771 (Secor, IL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.2% of homes vacant — above national norms.
• 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 Secor, IL (61771)?
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Market Analysis: 61771 Secor
Investors eyeing 61771 need to respect the fundamentals at play. Home values of $233K come alongside slower price movement and elevated management overhead.
The investment case in 61771 is notable only for operators who understand what they are buying. A $233K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader IL picture, 61771 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A healthy renter share of 4% in 61771 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 61771 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Secor:
Market Trends
Home Value History (with trend line)
📊 How Does 61771 Compare?
| Metric | 61771 | Secor | Illinois |
|---|---|---|---|
| Home Value | $233,034 | $233,034 | $279,761 |
| 5-Year CAGR | 5.6% | 5.6% | 6.6% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61771 (Secor, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,034 |
| Monthly Rent | $954 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +14.9% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 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 (3.2%). 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 61771
Population: 964
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 3,442 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Secor, IL?
Homes in Secor, IL typically sell near $233K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
How deep is the rental pool in Secor, IL?
Expect a solid tenant pool in Secor, IL. The rental market absorbs $954/mo rents without meaningful friction.
Is Secor, IL a smart market for rental property?
The 3.0/5 investability rating in Secor, IL reflects its $233K prices and $954/mo rents. Investors generally consider it a solid option within IL.
Is house hacking profitable in Secor, IL?
House hacking works a challenging in Secor, IL. Rents of $954/mo against $233K acquisition make the strategy solid for owner-occupants.
How tight is the rental market in Secor, IL?
Secor, IL carries elevated vacancy risk. Expect steady absorption at market rents of $954/mo.
You know 61771 now. You don’t know where it ranks.
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