Real Estate Investing in Bunker Hill, Illinois (62014)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62014 (Bunker Hill, 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: 16.3% 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 Bunker Hill, IL (62014)?
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Market Analysis: 62014 Bunker Hill
Investors eyeing 62014 need to respect the fundamentals at play. Home values of $186K come alongside slower price movement and elevated management overhead.
Put differently, the numbers look inviting — $186K purchase price, 0.0% nominal cap — the work to hit that pro forma in 62014 is substantial and deserves full respect.
Regionally, 62014 sits on the difficult end of the IL spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 62014 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 62014 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 Bunker Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 62014 Compare?
| Metric | 62014 | Bunker Hill | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $186,192 | $186,192 | N/A | $279,761 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 6.6% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 62014 (Bunker Hill, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $186,192 |
| Monthly Rent | $927 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 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 (3.9%). 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 62014
Population: 3,695
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 62014
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 717 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Bunker Hill, IL?
Vacancy risk in Bunker Hill, IL is elevated. That supports reliable cash flow for typical rental holds.
Are homes affordable in Bunker Hill, IL?
Bunker Hill, IL median home values land near $186K. That is reasonable territory for investors looking at $927/mo-per-month rentals.
Is Bunker Hill, IL a good market for buy-and-hold investors?
Our data puts Bunker Hill, IL at 3.0/5 for investability. Home prices of $186K and rents around $927/mo create a solid backdrop for investor activity.
Is rental property easy to operate in Bunker Hill, IL?
The landlord environment in Bunker Hill, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What do landlords charge for rent in Bunker Hill, IL?
Rent in Bunker Hill, IL is around $927/mo. The resulting rent-to-value relationship with $186K pricing is reasonable for most investor models.
You know 62014 now. You don’t know where it ranks.
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How 62014 ranks in St. Louis, MO-IL
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