In Q1 2026, Illinois (IL) 1–4 unit investment properties trade at a median acquisition price of $315,000 with Form 1007 market rent of $2,650/mo (10.10% gross rental yield) and 5+ unit multifamily rent of $1,580/door. Lenders underwrite Illinois escrows at a 2.08% average property tax rate and $560/$100K landlord hazard insurance under a Judicial (Illinois Mortgage Foreclosure Law) statutory regime (210–300 days days).
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