Side-by-side comparison of Chicago, IL and Aurora, IL — cap rates, rent, prices, and investment metrics.
Cash flow: Chicago has the edge with an estimated cap rate of 3.03% compared to Aurora's 3.01%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $310,000 in Chicago vs $275,000 in Aurora, while rents come in at $1,620/mo and $1,420/mo respectively.
Growth & appreciation: Aurora is growing faster at 0.3% annually vs Chicago's 0.1%. Chicago leads on home value appreciation at 2.4% per year.
Costs & risk: Property taxes are 2.08% in Chicago vs 2.05% in Aurora. Vacancy rates of 5.8% and 5.5% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Chicago edges out Aurora on most key metrics. While cap rates are moderate at 3.03%, Chicago's overall profile is stronger. Use our free calculators to model specific deals in Chicago or Aurora.