Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 62298 · IL

30 completed flips in the last 12 months, $47K median gross margin, 189-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
30
Median Gross Margin
$47K
Median Hold
189 days
Median Home Value
$324K

Market snapshot

Population
17,192
Median Household Income
$93,066
Median Home Value
$323,749
Median Rent
$1,600

This report covers ZIP 62298, ZIP 62298, IL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 62298

In the last 12 months, 30 properties in ZIP 62298 were purchased and resold at a profit, matching a real-flip profile (minimum 28-day hold, positive gross margin, non-new-construction). The typical flip cleared $47K in gross margin before rehab, carrying, and closing costs, with a median hold time of 189 days.

Top flippers in the zip

RankFlipper / LLCFlips
1BLUE BIRD SKY ASSETS LLC3
2RUSSELL SERVICES INC1
3FITZGERALD MICHAEL1
4DERRA SANDY1
5LANDGRAF ALEX1

Recent example

209 OAK ST, WATERLOO, IL, 62298 · RUSSELL SERVICES INC
Bought $135,000, sold $195,000 (+$60K), held 99 days.

See every flip in 62298, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

Unlock the full 62298 report Free. Email only. No credit card.

Nearby markets in IL

Same-state markets near ZIP 62298. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
4 days
Typical close
No
Interior appraisal or inspection
15
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to properties bought and resold within 12 months at a positive gross margin, with a minimum 28-day hold time to exclude wholesale and assignment deals. New construction and family transfers are excluded.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.