Real Estate Investing in Addieville, Illinois (62214)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62214 (Addieville, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.8% 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 Addieville, IL (62214)?
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Market Analysis: 62214 Addieville
Put differently, ZIP 62214 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $201K median. It rewards specialists, not generalists.
Rent of $900/mo on a $201K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 62214 sits below the stated 0.0% once reality is priced in.
Regionally, 62214 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 7% in 62214 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Addieville:
Market Trends
Home Value History (with trend line)
📊 How Does 62214 Compare?
| Metric | 62214 | Addieville | Illinois |
|---|---|---|---|
| Home Value | $200,705 | $200,705 | $279,761 |
| 5-Year CAGR | 8.6% | 8.6% | 6.6% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62214 (Addieville, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $200,705 |
| Monthly Rent | $900 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +24.1% ▲ |
| 3-Year CAGR | +10.8% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 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 (3.5%). 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 62214
Population: 1,097
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
How much does a house cost in Addieville, IL?
Homes in Addieville, IL typically sell near $201K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How strict are landlord regulations in Addieville, IL?
Addieville, IL operates under IL law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Are tenants stable in Addieville, IL?
Working renters make up the core of the Addieville, IL tenant base. The pool is reasonable for investors targeting long-term holds.
Does house hacking make sense in Addieville, IL?
House hacking works a challenging in Addieville, IL. Rents of $900/mo against $201K acquisition make the strategy solid for owner-occupants.
Do landlords face vacancy issues in Addieville, IL?
Rental vacancy in Addieville, IL is elevated. Investors should budget normal turnover but not chronic empty units.
You know 62214 now. You don’t know where it ranks.
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