Lee County, IL Home Flips See Average Gross ROI of 47.7% in July 2026
Real estate investors in Lee County, Illinois, generated an average gross profit of $50K per flip in the trailing 12 months ending July 2026, turning properties in just over 200 days.
County Overview: Flip Activity in Lee, IL
Lee County, Illinois, recorded 41 residential home flips in the 12-month period ending July 2026, signaling consistent investor activity within its market. This volume represents a smaller, yet focused, segment of the state's overall flipping landscape. According to BatchData's Flip Activity Report, these investor-owned homes, defined as properties bought and resold within 12 months, demonstrated robust profitability for those engaged in real estate investing in the area.
The average gross flip profit in Lee County stood at $50K, reflecting the difference between the prior purchase price and the most recent resale price. This profit translates into a significant average gross ROI of 47.7%, indicating strong returns before accounting for renovation, holding, or selling costs. Such a high gross ROI highlights the potential for substantial capital appreciation within the local flipping market, attracting discerning investors seeking profitable ventures. The efficient capital turnover is further evidenced by an average days to flip of 201 days, showing that properties are moving from acquisition to resale within approximately six to seven months.
Local Market Context and Investor Implications
Within Illinois, Lee County's 41 home flips position it at #29 among 84 counties, accounting for 0.3% of the state's total flip activity. While its raw volume is modest compared to the state's 11,892 flips and the national total of 341,944 flips, Lee County's impressive 47.7% average gross ROI suggests that quality opportunities exist for investors willing to target specific properties. This high return on investment, combined with a relatively quick average days to flip of 201 days, indicates a healthy market for capital deployment and recovery.
The average holding period of 201 days in Lee County aligns with a strategy focused on efficiency and rapid capital redeployment. Flips are typically categorized by hold length, with "fast" flips occurring within six months and "longer hold" flips between six and twelve months. The 201-day average implies a mix of both, where investors are managing their projects to capitalize on market demand and maximize their gross margins. This turnaround time is crucial for investors, as faster flips generally mean lower holding costs and a quicker return of capital for the next project. Understanding these dynamics is essential for those utilizing property datasets to identify lucrative opportunities.
For investors, the robust 47.7% gross ROI in Lee County underscores the potential for significant gains, even in a market with a lower overall volume of flips. This figure suggests that properties acquired for flipping are either purchased at attractive prices, resold at substantial markups, or a combination of both. When evaluating markets, investors often look beyond just the sheer number of transactions to metrics like gross ROI and days to flip, as these provide a clearer picture of profitability and market efficiency. The consistent performance in these key indicators makes Lee County a market where careful analysis of market reports and individual property fundamentals could lead to strong outcomes.