Elgin, Illinois — top rental deal at 12.0% ROI

We analyze 137 active listings in Elgin and surface the strongest rental-return candidates below, each with its cap rate, cash flow, and estimated rent.

137 Active listings whole market
2.87% Median ROI investment-grade deals
6.7% Median cap rate investment-grade deals
$3800 Typical rent investment-grade deals
97.08% Rentable share whole market
Top ROI

3140 Taunton Street Elgin IL 60124

September 3rd, 2026

  • 5 Beds
  • 2.1 Baths
  • 2550 Sq Ft
ROI 12.03%
Cap Rate 8.99%
Cash Flow $1,003
Est. Rent: $4500
Listing Price $399,999
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1419 N Madlock Court Elgin IL 60123

September 30th, 2026

  • 4 Beds
  • 2.1 Baths
  • 1782 Sq Ft
ROI 6.93%
Cap Rate 7.72%
Cash Flow $614
Est. Rent: $3800
Listing Price $425,000
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401 Longford Drive Elgin IL 60120

October 13th, 2026

  • 3 Beds
  • 2.1 Baths
  • 1630 Sq Ft
ROI 1.93%
Cap Rate 6.47%
Cash Flow $141
Est. Rent: $2650-2700
Listing Price $349,900
View Details

1124 Leawood Drive Elgin IL 60120

November 2nd, 2026

  • 3 Beds
  • 1 Baths
  • 1132 Sq Ft
ROI 1.22%
Cap Rate 6.29%
Cash Flow $89
Est. Rent: $2499-2700
Listing Price $349,500
View Details
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Panda Nook Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED as of 11/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

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Data is refreshed every 15 minutes. Listing last updated 8:45 PM CT on 11/6/2026.