Illinois

Illinois House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => Montgomery
            [dma_name] => St. Louis, MO
            [flips] => 12
            [purchase_price] => 65000
            [resale_price] => 15250
            [gross_margin] => -49750
            [gross_margin_perc] => -76.5385
            [flipcount_rank] => 31
            [flipmargin_rank] => 47
        )

    [1] => Array
        (
            [CountyName] => Warren
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 8
            [purchase_price] => 20000
            [resale_price] => 6000
            [gross_margin] => -14000
            [gross_margin_perc] => -70.0000
            [flipcount_rank] => 42
            [flipmargin_rank] => 46
        )

    [2] => Array
        (
            [CountyName] => Coles
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 18
            [purchase_price] => 68000
            [resale_price] => 27750
            [gross_margin] => -40250
            [gross_margin_perc] => -59.1912
            [flipcount_rank] => 28
            [flipmargin_rank] => 45
        )

    [3] => Array
        (
            [CountyName] => Moultrie
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 8
            [purchase_price] => 160000
            [resale_price] => 100000
            [gross_margin] => -60000
            [gross_margin_perc] => -37.5000
            [flipcount_rank] => 42
            [flipmargin_rank] => 44
        )

    [4] => Array
        (
            [CountyName] => Iroquois
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 6
            [purchase_price] => 135000
            [resale_price] => 92500
            [gross_margin] => -42500
            [gross_margin_perc] => -31.4815
            [flipcount_rank] => 46
            [flipmargin_rank] => 43
        )

    [5] => Array
        (
            [CountyName] => Macon
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 50
            [purchase_price] => 64000
            [resale_price] => 55000
            [gross_margin] => -9000
            [gross_margin_perc] => -14.0625
            [flipcount_rank] => 17
            [flipmargin_rank] => 42
        )

    [6] => Array
        (
            [CountyName] => Jefferson
            [dma_name] => Paducah, KY-Cape Girardeau, MO-Harrisburg, IL
            [flips] => 16
            [purchase_price] => 65000
            [resale_price] => 60000
            [gross_margin] => -5000
            [gross_margin_perc] => -7.6923
            [flipcount_rank] => 30
            [flipmargin_rank] => 41
        )

    [7] => Array
        (
            [CountyName] => Jackson
            [dma_name] => Paducah, KY-Cape Girardeau, MO-Harrisburg, IL
            [flips] => 9
            [purchase_price] => 71667
            [resale_price] => 67908
            [gross_margin] => -3759
            [gross_margin_perc] => -5.2451
            [flipcount_rank] => 39
            [flipmargin_rank] => 40
        )

    [8] => Array
        (
            [CountyName] => Mcdonough
            [dma_name] => Quincy, IL-Hannibal, MO-Keokuk, IA
            [flips] => 6
            [purchase_price] => 55500
            [resale_price] => 52750
            [gross_margin] => -2750
            [gross_margin_perc] => -4.9550
            [flipcount_rank] => 46
            [flipmargin_rank] => 39
        )

    [9] => Array
        (
            [CountyName] => Morgan
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 12
            [purchase_price] => 70575
            [resale_price] => 78500
            [gross_margin] => 7925
            [gross_margin_perc] => 11.2292
            [flipcount_rank] => 31
            [flipmargin_rank] => 38
        )

    [10] => Array
        (
            [CountyName] => Livingston
            [dma_name] => Peoria-Bloomington, IL
            [flips] => 8
            [purchase_price] => 100950
            [resale_price] => 114500
            [gross_margin] => 13550
            [gross_margin_perc] => 13.4225
            [flipcount_rank] => 42
            [flipmargin_rank] => 37
        )

    [11] => Array
        (
            [CountyName] => Bond
            [dma_name] => St. Louis, MO
            [flips] => 9
            [purchase_price] => 65000
            [resale_price] => 77500
            [gross_margin] => 12500
            [gross_margin_perc] => 19.2308
            [flipcount_rank] => 39
            [flipmargin_rank] => 36
        )

    [12] => Array
        (
            [CountyName] => Mclean
            [dma_name] => Peoria-Bloomington, IL
            [flips] => 142
            [purchase_price] => 125146
            [resale_price] => 151819
            [gross_margin] => 26673
            [gross_margin_perc] => 21.3135
            [flipcount_rank] => 10
            [flipmargin_rank] => 35
        )

    [13] => Array
        (
            [CountyName] => Knox
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 10
            [purchase_price] => 72750
            [resale_price] => 89750
            [gross_margin] => 17000
            [gross_margin_perc] => 23.3677
            [flipcount_rank] => 36
            [flipmargin_rank] => 34
        )

    [14] => Array
        (
            [CountyName] => Lee
            [dma_name] => Rockford, IL
            [flips] => 20
            [purchase_price] => 52500
            [resale_price] => 67000
            [gross_margin] => 14500
            [gross_margin_perc] => 27.6190
            [flipcount_rank] => 26
            [flipmargin_rank] => 33
        )

    [15] => Array
        (
            [CountyName] => Grundy
            [dma_name] => Chicago, IL
            [flips] => 22
            [purchase_price] => 141500
            [resale_price] => 184250
            [gross_margin] => 42750
            [gross_margin_perc] => 30.2120
            [flipcount_rank] => 25
            [flipmargin_rank] => 32
        )

    [16] => Array
        (
            [CountyName] => Kendall
            [dma_name] => Chicago, IL
            [flips] => 57
            [purchase_price] => 155000
            [resale_price] => 213000
            [gross_margin] => 58000
            [gross_margin_perc] => 37.4194
            [flipcount_rank] => 16
            [flipmargin_rank] => 31
        )

    [17] => Array
        (
            [CountyName] => Champaign
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 101
            [purchase_price] => 93000
            [resale_price] => 129000
            [gross_margin] => 36000
            [gross_margin_perc] => 38.7097
            [flipcount_rank] => 13
            [flipmargin_rank] => 30
        )

    [18] => Array
        (
            [CountyName] => Bureau
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 11
            [purchase_price] => 57500
            [resale_price] => 80000
            [gross_margin] => 22500
            [gross_margin_perc] => 39.1304
            [flipcount_rank] => 34
            [flipmargin_rank] => 29
        )

    [19] => Array
        (
            [CountyName] => Du Page
            [dma_name] => Chicago, IL
            [flips] => 491
            [purchase_price] => 201296
            [resale_price] => 286628
            [gross_margin] => 85332
            [gross_margin_perc] => 42.3913
            [flipcount_rank] => 3
            [flipmargin_rank] => 28
        )

    [20] => Array
        (
            [CountyName] => Kane
            [dma_name] => Chicago, IL
            [flips] => 239
            [purchase_price] => 143481
            [resale_price] => 209644
            [gross_margin] => 66163
            [gross_margin_perc] => 46.1127
            [flipcount_rank] => 5
            [flipmargin_rank] => 27
        )

    [21] => Array
        (
            [CountyName] => Massac
            [dma_name] => Paducah, KY-Cape Girardeau, MO-Harrisburg, IL
            [flips] => 10
            [purchase_price] => 32750
            [resale_price] => 49500
            [gross_margin] => 16750
            [gross_margin_perc] => 51.1450
            [flipcount_rank] => 36
            [flipmargin_rank] => 26
        )

    [22] => Array
        (
            [CountyName] => Mchenry
            [dma_name] => Chicago, IL
            [flips] => 160
            [purchase_price] => 129878
            [resale_price] => 200188
            [gross_margin] => 70310
            [gross_margin_perc] => 54.1354
            [flipcount_rank] => 9
            [flipmargin_rank] => 25
        )

    [23] => Array
        (
            [CountyName] => Ford
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 9
            [purchase_price] => 61000
            [resale_price] => 94250
            [gross_margin] => 33250
            [gross_margin_perc] => 54.5082
            [flipcount_rank] => 39
            [flipmargin_rank] => 24
        )

    [24] => Array
        (
            [CountyName] => Lake
            [dma_name] => Chicago, IL
            [flips] => 358
            [purchase_price] => 134891
            [resale_price] => 210000
            [gross_margin] => 75109
            [gross_margin_perc] => 55.6813
            [flipcount_rank] => 4
            [flipmargin_rank] => 23
        )

    [25] => Array
        (
            [CountyName] => Marion
            [dma_name] => St. Louis, MO
            [flips] => 35
            [purchase_price] => 47500
            [resale_price] => 74150
            [gross_margin] => 26650
            [gross_margin_perc] => 56.1053
            [flipcount_rank] => 19
            [flipmargin_rank] => 22
        )

    [26] => Array
        (
            [CountyName] => De Kalb
            [dma_name] => Chicago, IL
            [flips] => 48
            [purchase_price] => 101842
            [resale_price] => 160521
            [gross_margin] => 58679
            [gross_margin_perc] => 57.6177
            [flipcount_rank] => 18
            [flipmargin_rank] => 21
        )

    [27] => Array
        (
            [CountyName] => La Salle
            [dma_name] => Chicago, IL
            [flips] => 30
            [purchase_price] => 47500
            [resale_price] => 75500
            [gross_margin] => 28000
            [gross_margin_perc] => 58.9474
            [flipcount_rank] => 22
            [flipmargin_rank] => 20
        )

    [28] => Array
        (
            [CountyName] => Henry
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 19
            [purchase_price] => 56333
            [resale_price] => 90000
            [gross_margin] => 33667
            [gross_margin_perc] => 59.7643
            [flipcount_rank] => 27
            [flipmargin_rank] => 19
        )

    [29] => Array
        (
            [CountyName] => Ogle
            [dma_name] => Rockford, IL
            [flips] => 29
            [purchase_price] => 71957
            [resale_price] => 115031
            [gross_margin] => 43074
            [gross_margin_perc] => 59.8608
            [flipcount_rank] => 23
            [flipmargin_rank] => 18
        )

    [30] => Array
        (
            [CountyName] => Christian
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 10
            [purchase_price] => 48500
            [resale_price] => 80000
            [gross_margin] => 31500
            [gross_margin_perc] => 64.9485
            [flipcount_rank] => 36
            [flipmargin_rank] => 17
        )

    [31] => Array
        (
            [CountyName] => Winnebago
            [dma_name] => Rockford, IL
            [flips] => 202
            [purchase_price] => 55104
            [resale_price] => 95026
            [gross_margin] => 39922
            [gross_margin_perc] => 72.4485
            [flipcount_rank] => 6
            [flipmargin_rank] => 16
        )

    [32] => Array
        (
            [CountyName] => Peoria
            [dma_name] => Peoria-Bloomington, IL
            [flips] => 72
            [purchase_price] => 66250
            [resale_price] => 116500
            [gross_margin] => 50250
            [gross_margin_perc] => 75.8491
            [flipcount_rank] => 14
            [flipmargin_rank] => 15
        )

    [33] => Array
        (
            [CountyName] => Dewitt
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 8
            [purchase_price] => 56250
            [resale_price] => 100000
            [gross_margin] => 43750
            [gross_margin_perc] => 77.7778
            [flipcount_rank] => 42
            [flipmargin_rank] => 14
        )

    [34] => Array
        (
            [CountyName] => Monroe
            [dma_name] => St. Louis, MO
            [flips] => 12
            [purchase_price] => 101250
            [resale_price] => 182250
            [gross_margin] => 81000
            [gross_margin_perc] => 80.0000
            [flipcount_rank] => 31
            [flipmargin_rank] => 13
        )

    [35] => Array
        (
            [CountyName] => Macoupin
            [dma_name] => St. Louis, MO
            [flips] => 33
            [purchase_price] => 37500
            [resale_price] => 68500
            [gross_margin] => 31000
            [gross_margin_perc] => 82.6667
            [flipcount_rank] => 20
            [flipmargin_rank] => 12
        )

    [36] => Array
        (
            [CountyName] => Will
            [dma_name] => Chicago, IL
            [flips] => 571
            [purchase_price] => 124597
            [resale_price] => 229129
            [gross_margin] => 104532
            [gross_margin_perc] => 83.8961
            [flipcount_rank] => 2
            [flipmargin_rank] => 11
        )

    [37] => Array
        (
            [CountyName] => Tazewell
            [dma_name] => Peoria-Bloomington, IL
            [flips] => 63
            [purchase_price] => 60000
            [resale_price] => 113000
            [gross_margin] => 53000
            [gross_margin_perc] => 88.3333
            [flipcount_rank] => 15
            [flipmargin_rank] => 10
        )

    [38] => Array
        (
            [CountyName] => Rock Island
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 117
            [purchase_price] => 57869
            [resale_price] => 109128
            [gross_margin] => 51260
            [gross_margin_perc] => 88.5794
            [flipcount_rank] => 12
            [flipmargin_rank] => 9
        )

    [39] => Array
        (
            [CountyName] => Cook
            [dma_name] => Chicago, IL
            [flips] => 3320
            [purchase_price] => 112653
            [resale_price] => 214533
            [gross_margin] => 101880
            [gross_margin_perc] => 90.4370
            [flipcount_rank] => 1
            [flipmargin_rank] => 8
        )

    [40] => Array
        (
            [CountyName] => Sangamon
            [dma_name] => Champaign & Springfield-Decatur, IL
            [flips] => 126
            [purchase_price] => 63000
            [resale_price] => 125000
            [gross_margin] => 62000
            [gross_margin_perc] => 98.4127
            [flipcount_rank] => 11
            [flipmargin_rank] => 7
        )

    [41] => Array
        (
            [CountyName] => Madison
            [dma_name] => St. Louis, MO
            [flips] => 202
            [purchase_price] => 61297
            [resale_price] => 124604
            [gross_margin] => 63307
            [gross_margin_perc] => 103.2791
            [flipcount_rank] => 6
            [flipmargin_rank] => 6
        )

    [42] => Array
        (
            [CountyName] => Mason
            [dma_name] => Peoria-Bloomington, IL
            [flips] => 11
            [purchase_price] => 29500
            [resale_price] => 60000
            [gross_margin] => 30500
            [gross_margin_perc] => 103.3898
            [flipcount_rank] => 34
            [flipmargin_rank] => 5
        )

    [43] => Array
        (
            [CountyName] => Clinton
            [dma_name] => St. Louis, MO
            [flips] => 18
            [purchase_price] => 50722
            [resale_price] => 127611
            [gross_margin] => 76889
            [gross_margin_perc] => 151.5891
            [flipcount_rank] => 28
            [flipmargin_rank] => 4
        )

    [44] => Array
        (
            [CountyName] => Whiteside
            [dma_name] => Davenport, IA-Rock Island-Moline, IL
            [flips] => 33
            [purchase_price] => 30000
            [resale_price] => 78900
            [gross_margin] => 48900
            [gross_margin_perc] => 163.0000
            [flipcount_rank] => 20
            [flipmargin_rank] => 3
        )

    [45] => Array
        (
            [CountyName] => Kankakee
            [dma_name] => Chicago, IL
            [flips] => 24
            [purchase_price] => 50000
            [resale_price] => 134500
            [gross_margin] => 84500
            [gross_margin_perc] => 169.0000
            [flipcount_rank] => 24
            [flipmargin_rank] => 2
        )

    [46] => Array
        (
            [CountyName] => Saint Clair
            [dma_name] => St. Louis, MO
            [flips] => 161
            [purchase_price] => 42373
            [resale_price] => 125317
            [gross_margin] => 82944
            [gross_margin_perc] => 195.7473
            [flipcount_rank] => 8
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in IL
CountyMarket AreaProfit Margin
Saint ClairSt. Louis, MO196%
KankakeeChicago, IL169%
WhitesideDavenport, IA-Rock Island-Moline, IL163%
ClintonSt. Louis, MO152%
MasonPeoria-Bloomington, IL103%
MadisonSt. Louis, MO103%
Bottom 5 Counties in IL
CountyMarket AreaProfit Margin
MontgomerySt. Louis, MO-77%
WarrenDavenport, IA-Rock Island-Moline, IL-70%
ColesChampaign & Springfield-Decatur, IL-59%
MoultrieChampaign & Springfield-Decatur, IL-38%
IroquoisChampaign & Springfield-Decatur, IL-31%
MaconChampaign & Springfield-Decatur, IL-14%

We calculate the profit margin by subtracting the original purchase price of the home from the new resale price across the average flipped house in that particular region (zip, county, or state).

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