Real Estate Investing in Ogden, Illinois (61859)
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Should you buy in 61859 (Ogden, 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 Ogden, IL (61859)?
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Market Analysis: 61859 Ogden
The 61859 ZIP covers a section of Ogden that demands careful diligence. Prices near $224K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 61859 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 61859 and stronger Ogden ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A resilient renter share of 10% in 61859 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. healthy returns are possible in 61859, 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 Ogden:
Market Trends
Home Value History (with trend line)
📊 How Does 61859 Compare?
| Metric | 61859 | Ogden | Champaign-Urbana, IL | Illinois |
|---|---|---|---|---|
| Home Value | $224,157 | $224,157 | N/A | $279,761 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 6.6% |
| Avg Rent | $1,188 | $1,188 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61859 (Ogden, IL). Anonymous, moderated, never written by AI.
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Property managers serving Champaign County
Manage rentals here? List your business →Community Property Management offers quality and affordable apartments in Champaign-Urbana, including renovated units and various communities like 217 Neil and Hessel on the Park. summary from their website
Zindars Property Management offers property management services in Champaign & Urbana. 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 | $224,157 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +10.9% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (4.1%). 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 61859
Population: 1,271
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 61859
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Prairieview-Ogden North Elem
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Frequently Asked Questions
Are rents high in Ogden, IL?
Rents in Ogden, IL run near $1,188/mo. Compared with median home prices of $224K that produces solid gross yields for typical rentals.
Which real estate strategy fits Ogden, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ogden, IL. The numbers - $224K homes against $1,188/mo rents - support that play.
Where do home prices stand in Ogden, IL?
Ogden, IL median home values land near $224K. That is reasonable territory for investors looking at $1,188/mo-per-month rentals.
Should investors consider Ogden, IL?
The 3.0/5 investability rating in Ogden, IL reflects its $224K prices and $1,188/mo rents. Investors generally consider it a solid option within IL.
How strict are landlord regulations in Ogden, IL?
Ogden, IL operates under IL law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
You know 61859 now. You don’t know where it ranks.
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How 61859 ranks in Champaign-Urbana, IL
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