Real Estate Investing in Kansas, Illinois (61933)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 61933 (Kansas, 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.
- High vacancy: 14.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kansas, IL (61933)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 61933 Kansas
ZIP 61933 in Kansas, IL carries a significant set of headwinds. Home values near $119K and rents of $900/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $119K asset, 61933 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 61933 sits on the difficult end of the IL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
A resilient renter share of 27% in 61933 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. durable returns are possible in 61933, 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 Kansas:
Market Trends
Home Value History (with trend line)
📊 How Does 61933 Compare?
| Metric | 61933 | Kansas | Illinois |
|---|---|---|---|
| Home Value | $118,795 | $118,795 | $279,761 |
| 5-Year CAGR | 4.1% | 4.1% | 6.6% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 5.9% | 5.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 61933 (Kansas, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $118,795 |
| Monthly Rent | $900 |
| Price-to-Rent | 11.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.1% |
| Cap Rate | 5.9% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +22.8% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (5.9%). 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 61933
Population: 1,227
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 61933
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
Frequently Asked Questions
What do rentals go for in Kansas, IL?
Rental rates in Kansas, IL average $900/mo. Tenant demand and $119K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Kansas, IL?
The renter base in Kansas, IL is reasonable for the $900/mo price point. Screening well and pricing to market typically yields stable tenants.
Which investment style suits Kansas, IL?
A careful cash-flow rentals with hands-on management strategy Kansas, IL best. The market produces stable results for that approach at the $119K price point.
How strict are landlord regulations in Kansas, IL?
Kansas, IL operates under IL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
How high is vacancy risk in Kansas, IL?
Kansas, IL carries elevated vacancy risk. Expect even-keeled absorption at market rents of $900/mo.
You know 61933 now. You don’t know where it ranks.
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