Real Estate Investing in Shiloh, Illinois (62221)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62221 (Shiloh, 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.
No major risk flags on the data we track.
What’s happening in Shiloh, IL (62221)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 62221 Shiloh
Stepping back, ZIP 62221 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $256K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $256K asset, 62221 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 62221 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 62221 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 62221 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Shiloh:
Property Strategy for 62221
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $140,477 | $1,230 | 6.3% | +7.6% | $70,239 |
| 3BR | $241,070 | $1,580 | 4.7% | +8.6% | $80,357 |
| 4BR | $345,743 | $1,830 | 3.8% | +7.9% | $86,436 |
| 5BR | $425,709 | — | — | +7.5% | $85,142 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 62221 Compare?
| Metric | 62221 | Shiloh | St. Louis, MO-IL | Illinois |
|---|---|---|---|---|
| Home Value | $255,794 | $255,794 | N/A | $279,761 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.6% |
| Avg Rent | $1,194 | $1,194 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 62221 (Shiloh, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 62221 (Shiloh, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $255,794 |
| Monthly Rent | $1,194 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | -6.4% ▼ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +4.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 62221
Population: 29,281
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 62221
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 3,182 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are eviction rules reasonable in Shiloh, IL?
The landlord environment in Shiloh, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Should investors worry about vacancy in Shiloh, IL?
Expect elevated vacancy in Shiloh, IL. Rents at $1,194/mo are absorbed by the tenant base without meaningful lag.
Which investment style suits Shiloh, IL?
Shiloh, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($256K prices, $1,194/mo rents) make it a reasonable choice.
Is Shiloh, IL a good market for FHA house hackers?
The a challenging house-hack environment in Shiloh, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are tenants stable in Shiloh, IL?
The renter base in Shiloh, IL is reasonable for the $1,194/mo price point. Screening well and pricing to market typically yields predictable tenants.
You know 62221 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62221 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 62221 ranks in St. Louis, MO-IL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 62221 (Shiloh)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 62221 (Shiloh, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.