Curious to know which cities in Illinois were best for flipping houses? We were. After looking at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days), we narrowed it down to these 25 cities based on return on investment. After perusing this list, check out our listings of cheap homes for sale in Arlington Heights, Chicago, Des Plaines, Joliet, Oak Park, Palatine, Skokie, and Aurora. You’ll find many cheaper priced homes that would be ideal for flipping.
Here is Tomo’s list of best cities in Illinois for flipping houses.
| Rank | City | Avg. Initial Purchase Price | Avg. Resale Price | Avg. % Change | Avg. $ Increase |
|---|---|---|---|---|---|
| 1 | Park Forest | $80K | $200K | 162% | $119,683 |
| 2 | Sauk Village | $72K | $173K | 155% | $101,000 |
| 3 | Harvey | $79K | $187K | 154% | $107,675 |
| 4 | Dolton | $95K | $212K | 138% | $116,111 |
| 5 | Calumet Park | $93K | $211K | 135% | $118,614 |
| 6 | Riverdale | $98K | $194K | 134% | $96,380 |
| 7 | Maywood | $129K | $291K | 132% | $162,687 |
| 8 | Chicago Heights | $106K | $215K | 126% | $109,049 |
| 9 | North Chicago | $118K | $228K | 124% | $109,855 |
| 10 | Calumet City | $106K | $225K | 121% | $118,648 |
| 11 | South Holland | $142K | $280K | 113% | $138,978 |
| 12 | Hazel Crest | $116K | $238K | 108% | $122,084 |
| 13 | Chicago | $203K | $350K | 107% | $147,433 |
| 14 | Cicero | $165K | $325K | 106% | $159,720 |
| 15 | Brookfield | $202K | $397K | 104% | $194,644 |
| 16 | Lansing | $126K | $249K | 103% | $122,773 |
| 17 | County Club Hills | $130K | $250K | 100% | $119,080 |
| 18 | Broadview | $149K | $292K | 100% | $143,600 |
| 19 | Wonder Lake | $169K | $259K | 99% | $90,544 |
| 20 | Bellwood | $137K | $268K | 97% | $131,331 |
| 21 | Richton Park | $130K | $255K | 95% | $124,352 |
| 22 | Spring Grove | $210K | $352K | 95% | $142,738 |
| 23 | Zion | $139K | $235K | 92% | $95,624 |
| 24 | Joliet | $140K | $248K | 90% | $107,955 |
| 25 | Round Lake Beach | $128K | $234K | 87% | $106,071 |
What to know more about flipping homes?
If you want to flip a house, find cheap homes in your area: Arlington Heights, Chicago, Des Plaines, Joliet, Oak Park, Palatine, Skokie, and Aurora.
Want to know what not to do when flipping a house, see Tomo’s House Flipping Flops, or look at House Flipping 101 for tips.
