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.
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 in Chicago, we listed the best neighborhoods for your investment. We also ranked many more cities, and their returns, and some of the best places to flip houses in the country.
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.
Your next home is out there
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