Real Estate Investing in Illiopolis, Illinois (62539)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62539 (Illiopolis, 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.
- Elevated vacancy: 8.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Illiopolis, IL (62539)?
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Market Analysis: 62539 Illiopolis
ZIP 62539 in Illiopolis, IL carries a resilient set of headwinds. Home values near $148K and rents of $918/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 62539 can be a a solid fit for hunting ground — but the discount at $148K reflects genuine risk that outside investors often underestimate.
The gap between 62539 and stronger Illiopolis ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
From a cash-flow lens, 1,342 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 62539 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 Illiopolis:
Market Trends
Home Value History (with trend line)
📊 How Does 62539 Compare?
| Metric | 62539 | Illiopolis | Springfield, IL | Illinois |
|---|---|---|---|---|
| Home Value | $147,833 | $147,833 | N/A | $279,761 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 6.6% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62539 (Illiopolis, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $147,833 |
| Monthly Rent | $918 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.8% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +15.7% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 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 (4.8%). 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 62539
Population: 1,342
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 62539
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
Does Illiopolis, IL make sense for an investment property?
Our data puts Illiopolis, IL at 3.0/5 for investability. Home prices of $148K and rents around $918/mo create a solid backdrop for investor activity.
Are landlord laws favorable in Illiopolis, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Illiopolis generally follows the statewide framework, so landlords face reasonable operating rules.
Is Illiopolis, IL better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Illiopolis, IL. With home values at $148K and rents near $918/mo, other strategies can work but produce measured rather than outsized returns.
Does house hacking work in Illiopolis, IL?
The house hack math a challenging in Illiopolis, IL. Owner-occupant buyers benefit from the $918/mo rents and $148K home values.
Are there empty rentals in Illiopolis, IL?
Rental vacancy in Illiopolis, IL is elevated. Investors should budget normal turnover but not chronic empty units.
You know 62539 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62539 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 62539 ranks in Springfield, IL
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