Real Estate Investing in Wilsonville, Illinois (62093)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62093 (Wilsonville, IL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 25.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.5% CAGR).
• 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 Wilsonville, IL (62093)?
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Market Analysis: 62093 Wilsonville
Homes in the 62093 ZIP trade near $66K, a discount that has historically rewarded investors willing to renovate. Rent comps near $846/mo support the pro forma.
In 62093, the deal is made on the buy and on the capex. solid entry prices of $66K leave room in the budget for light-to-medium renovation, with rent lift to match.
In Macoupin, 62093 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
On balance, incomes in 62093 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.
The significant opportunity in 62093 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Wilsonville:
Market Trends
Home Value History (with trend line)
📊 How Does 62093 Compare?
| Metric | 62093 | Wilsonville | Illinois |
|---|---|---|---|
| Home Value | $65,697 | $65,697 | $279,761 |
| 5-Year CAGR | 1.5% | 1.5% | 6.6% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 10.0% | 10.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62093 (Wilsonville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $65,697 |
| Monthly Rent | $846 |
| Price-to-Rent | 6.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.5% |
| Cap Rate | 10.0% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.0%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 62093
Population: 473
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
Frequently Asked Questions
Is Wilsonville, IL a good market for FHA house hackers?
Wilsonville, IL offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $846/mo rent level.
How close is Wilsonville, IL to meeting the 1% rule?
The median property in Wilsonville, IL ($66K at $846/mo rent) a 1.29% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
Where do rents currently stand in Wilsonville, IL?
Investors in Wilsonville, IL typically see rents near $846/mo per month against $66K home values - a solid setup for rental cash flow.
What investment strategy works best in Wilsonville, IL?
Most investors in Wilsonville, IL run a value-add and BRRRR deals strategy. It aligns with the 4.0/5 investability profile and the market fundamentals.
Can BRRRR investors find deals in Wilsonville, IL?
Yes - BRRRR is a strong in Wilsonville, IL. The $66K home values and $846/mo rents anchor the refinance math.
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