Illinois

To know if the Illinois real estate market makes for a viable investment location, you need to examine many factors. This includes the state of the economy, the rate of job growth, the rate of population growth, crime rates, public transportation, and the Walk Score. You also need to know the Airbnb regulations and laws. Besides these factors, Mashvisor can show you the median property price, average rental income, cash on cash return, and cap rate for each rental strategy- Airbnb and traditional. For the Airbnb rental strategy, you can find out what the average Airbnb occupancy rate is as well. You can also find data on the price to rent ratio and even the best cities in Illinois to invest in- all key to choosing the best place to invest in real estate.