Real Estate Investing in Hartsburg, Illinois (62635)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 62635 (Hartsburg, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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.
• 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 Hartsburg, IL (62635)?
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Market Analysis: 62635 Hartsburg
The 62635 ZIP in Hartsburg, IL is a local-operator market. Outside capital chasing a $150K entry has to pair deep knowledge with the discount.
Rent of $972/mo on a $150K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 62635 sits below the stated 0.0% once reality is priced in.
In the broader IL picture, 62635 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Turning to rents, 608 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.
The 62635 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Hartsburg:
Market Trends
Home Value History (with trend line)
📊 How Does 62635 Compare?
| Metric | 62635 | Hartsburg | Lincoln, IL | Illinois |
|---|---|---|---|---|
| Home Value | $150,477 | $75,238 | N/A | $279,761 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.6% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 62635 (Hartsburg, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $150,477 |
| Monthly Rent | $972 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.0% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 (5.0%). 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 62635
Population: 608
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 62635
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
How strong is the working-renter base in Hartsburg, IL?
The renter base in Hartsburg, IL is reasonable for the $972/mo price point. Screening well and pricing to market typically yields steady tenants.
How strong is Hartsburg, IL for real estate investors?
Hartsburg, IL scores 3.0/5 for investability. Home values sit at $150K and rents near $972/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the typical home price in Hartsburg, IL?
Homes in Hartsburg, IL typically sell near $150K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What is the rental occupancy rate in Hartsburg, IL?
Occupancy in Hartsburg, IL runs consistent with elevated vacancy. Well-priced units at $972/mo lease on reasonable timelines.
Does Hartsburg, IL favor landlords or tenants?
Rental owners in Hartsburg, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 62635 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 62635 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 62635 ranks in Lincoln, IL
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