Coles County, Illinois: 66 Homes Flipped with 18.8% Gross ROI in July 2026
Real estate investors in Coles County, Illinois, executed 66 home flips in the trailing 12 months ending July 2026, demonstrating consistent activity within this central Illinois market. These transactions generated an average gross profit of $27,000 per flip, translating to a substantial average gross ROI of 18.8% for investors.
County Overview
Coles County's residential flipping market, as measured by properties bought and resold within 12 months, registered 66 such transactions in the period ending July 2026. This level of activity positions Coles County at #23 among Illinois's 84 counties, accounting for 0.6% of the state's total of 11,892 home flips. While not among the highest-volume markets, this consistent activity suggests a viable environment for real estate investing in the region.
According to BatchData's Flip Activity Report, the average gross profit for these flips in Coles County reached $27,000. This profit margin represents an average gross ROI of 18.8%, indicating healthy returns before accounting for rehab, holding, and selling costs. The average time it took to complete a flip in Coles County was 197 days, reflecting how quickly capital turns over in this specific market. This metric signals a market where properties are acquired, renovated, and resold within a relatively efficient timeframe.
Local Market Context
The profitability metrics in Coles County offer a compelling picture for investors. An average gross ROI of 18.8% suggests that even with a moderate volume of 66 flips, the opportunities for value creation remain significant. This return is a key indicator for both institutional and mom-and-pop landlords evaluating potential markets for their capital. The average days to flip, at 197 days, further underscores the market's efficiency, allowing investors to recycle capital and pursue new projects within months rather than years. This quick turnaround can be particularly attractive for those looking to maximize their capital's velocity.
Comparing Coles County to the broader Illinois landscape, its 66 flips contribute to a state total of 11,892 transactions. Although its share is 0.6% of the state's overall activity, its ranking at #23 out of 84 counties indicates that Coles County maintains a notable presence, outpacing many other smaller counties in Illinois. This suggests a market that, while not dominating in sheer volume like larger metropolitan areas, consistently offers flipping opportunities with attractive gross margins. For investors seeking markets with less competition than the state's largest hubs but still offering strong returns, Coles County presents a distinctive profile.
The dynamics observed in Coles County align with patterns seen in other mid-sized markets where local expertise and efficient project management can yield strong returns. The average gross profit of $27,000 for each of the 66 flipped homes highlights the potential for substantial individual transaction gains. This data, derived from comprehensive property data, provides a clear, actionable snapshot for those considering investment or development in the area. The consistent performance metrics indicate that Coles County is a market where investor rehab activity is both present and profitable, contributing to the local housing supply and economy.