Illinois Investment Property For Sale | IL Rental Income Properties

Illinois investment property for sale can include anything from single family homes to commercial buildings, and everything in between with a variety of cap rates. The key is to find a Illinois property that will generate income through rent or resale for investors. With the right research and analysis, identifying profitable cash flowing Illinois investment properties is easier than ever before to deliver you an excellent ROI.

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Real Estate Investments For Sale in Illinois

Calling all investors! This legal 3 flat is nestled between Hermosa and Belmont Cragin. It sits next to 2 vacant lots that are also for sale (MLS 12015786 and 12015805). Both the first and second floor units are rented and are month to month. The....

Investment Property |

MLS #12038189

 Other

$499,000 | Active Home listing

4 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

2418 N Kenton Avenue, Chicago, IL 60639 Cook County

Listing Details & Photos
The perfect mix of modern & vintage does exist! Welcome home to this XXL, raised first floor 1 bedroom condo in Lakeview with treetop views on a quiet, one-way street. This approx. 900 sqft unit in the historic Berwick Condo building (c.1905)....

Investment Property |

MLS #12040100

 Single Family Residence

$350,000 | Active Home listing

1 Beds | 1 Baths | 900 Sqft | 0 Acres Lot

846 W Cornelia Avenue, Chicago, IL 60657 Cook County

Real Estate Details & Photos
Nestled within the vibrant mixed-unit strip center along W. Bartlett Rd in Bartlett, IL is this two-story office condo offering a prime opportunity for owner/users or savvy investors seeking a value-add proposition. Boasting a thriving locale,....

Investment Property |

MLS #12040244

 Office

$350,000 | Active Home listing

0 Beds | 0 Baths | 2,285 Sqft | 0 Acres Lot

770 W Bartlett Road, Bartlett, IL 60103 Cook County

Office Details & Photos
INVESTORS!!! Check out this 2 bedroom, 1 bath home. If you are looking to increase or add to your rental portfolio, look no further. Your new home/investment property is income producing at $830 a month, and the tenant wants to STAY. Within,....

Investment Property |

MLS #24025428

 Single Family Residence

$65,000 | Active Home listing

2 Beds | 1 Baths | 848 Sqft | 0 Acres Lot

2041 Beckwith Avenue, Madison, IL 62060 Madison-IL County

Real Estate Details & Photos
This outstanding 4 unit multifamily consists of three- 2-Br- 1-Bath Units and one 3-Br- 1-Bath Unit. Large parking area in the rear. Two of the units have upgraded kitchens & bathrooms. Partial unfinished basement. Located in a residential....

Investment Property |

MLS #12040321

 Other

$349,900 | Active Home listing

10 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

301 155th Street, Calumet City, IL 60409 Cook County

Listing Details & Photos
SOUGHT-AFTER 600 LSD BUILDING - RARE #12 TIER! An incredible opportunity to own this luxurious condo at 600 Lake Shore Dr. Higher floor with incredible views of the Lake and beach, Navy Pier, and the entire southern coastline to the tip of....

Investment Property |

MLS #12040732

 Single Family Residence

$1,475,000 | Active Home listing

3 Beds | 4 Baths | 2,547 Sqft | 0 Acres Lot

600 N Lake Shore Drive, Chicago, IL 60611 Cook County

Real Estate Details & Photos
Investors! Prime location DUPLEX on campus fully leased until July 2025 with current Gross Rents of $2475 and bumping up to $2760 on August 1, 2024. Unit mix: 3 bed, 2 bath and 1 bed/1 bath with great back deck and ample off street parking. Lots....

Investment Property |

MLS #12040664

 Other

$239,900 | Active Home listing

4 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

703 W High Street, Urbana, IL 61801 Champaign County

Listing Details & Photos
Great visibility and high traffic on this commercial property on the corner of E. Edwardsville Rd!!! This property features a large 5000+/- sq. ft. building that has a nail salon leasing one side and owner operator restaurant in the other side.....

Investment Property |

MLS #24025202

 Other

$220,000 | Active Home listing

0 Beds | 0 Baths | 5,030 Sqft | 1 Acres Lot

730 East Edwardsville Road, Wood River, IL 62095 Madison-IL County

Listing Details & Photos
Calling all Investors!!! Tenant occupied 1 bedroom , 1 bath condo in well- maintained Fairway Grove Condominiums. Assigned parking space plus plenty of visitors parking. Storage and coin laundry in the building. HOA covers heat and water. Pool and....

Investment Property |

MLS #12040756

 Single Family Residence

$154,900 | Active Home listing

1 Beds | 1 Baths | 933 Sqft | 0 Acres Lot

2415 Ogden Avenue, Downers Grove, IL 60515 DuPage County

Real Estate Details & Photos
Corner Brick 6-unit building in Belmont Cragin area, fully occupied. TWO - 2 bedroom units & FOUR -1 bedroom units. Most units have been refurbished. Long term tenants in most units. Excellent opportunity to Value add and increase rents.....

Investment Property |

MLS #12029740

 Other

$749,900 | Active Home listing

0 Beds | 0 Baths | 4,296 Sqft | 0 Acres Lot

3320-24 N LARAMIE Avenue, Chicago, IL 60641 Cook County

Listing Details & Photos
Two buildings with a total of 13 units. Some updates already completed. Request offering brochure and Proforma from your favorite Realtor. No showings until accepted offer. Please do not approach tenants..

Investment Property |

MLS #24020563

 Other

$995,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 1 Acres Lot

4220 Erna Street, Belleville, IL 62226 St Clair-IL County

Listing Details & Photos
Now is the perfect time to purchase this 8 unit building with 16 garage spaces. Some updates already completed. Request offering brochure and Proforma from your favorite Realtor. No showings until accepted offer. Please do not approach tenants..

Investment Property |

MLS #24020566

 Other

$775,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 1 Acres Lot

54 Ben Louis Drive, Belleville, IL 62226 St Clair-IL County

Listing Details & Photos
Excellent opportunity for an investor. This commercial building has a ton of potential! The main floor is one large open area in the front with two front entrances (one has been closed up). The main floor could be divided into two commercial....

Investment Property |

MLS #24024624

 Other

$125,000 | Active Home listing

0 Beds | 0 Baths | 6,144 Sqft | 0 Acres Lot

1723 West Main Street, Belleville, IL 62226 St Clair-IL County

Listing Details & Photos
ANY INVESTORS OUT THERE LOOKING FOR APARTMENTS WITH ALL ONE BEDROOMS???? MUST SEE THIS 4 UNIT BUILDING WITH EXTRA WIDE LOT/YARD ON BOTH SIDE AND BACK. FENCED IN YARD, PLUS 1.5 CAR DETACHED GARAGE WITH TANDEM SPACE AS WELL, WHICH IS CURRENTLY....

Investment Property |

MLS #12037290

 Other

$364,900 | Active Home listing

4 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

1818 Home Avenue, Berwyn, IL 60402 Cook County

Listing Details & Photos
This investment has been 98% rehabbed and updated, and now it is fully rented! Electrical, plumbing, and major mechanicals have all been addressed and updated. This 16 unit building is comprised of 16 units (2 commercial and 14 residential).....

Investment Property |

MLS #12039167

 Other

$3,950,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

1324 W Devon Avenue, Chicago, IL 60660 Cook County

Listing Details & Photos
Stunningly renovated and generously spacious, this 2 bed / 1 bath penthouse unit nestled in Ukrainian Village is a true gem. Immaculate hardwood floors throughout, while the unit's southern exposure floods the space with natural light, making it....

Investment Property |

MLS #12039006

 Single Family Residence

$349,000 | Active Home listing

2 Beds | 1 Baths | 1,100 Sqft | 0 Acres Lot

1908 W Augusta Boulevard, Chicago, IL 60622 Cook County

Real Estate Details & Photos
Attention Investors! 3 bedroom home currently occupied with a long term tenant paying $500/month(far below current market pricing). Instant cash flow! 24 hour notice required for all showings. All dimensions/sizes are approximate and not....

Investment Property |

MLS #PA1249789

 Single Family Residence

$34,900 | Active Home listing

3 Beds | 1 Baths | 1,090 Sqft | 0 Acres Lot

2207 NE MADISON Avenue, Peoria, IL 61603 Peoria County

Real Estate Details & Photos
Spring is here !! and the opportunity is yours to become home owner and investor on these affordable and Amazing all brick 2 flat 2.5 car garage private fence in Stone Park! The first unit has 3 bedrooms and 1 bathroom and the second unit has....

Investment Property |

MLS #12039700

 Other

$344,900 | Active Home listing

5 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

1712 N 36th Avenue, Stone Park, IL 60165 Cook County

Listing Details & Photos
BEAUTIFUL 2 BRM CONDO WITH BALCONY OFF THE LIVING ROOM.SEPARATE DINING ROOM. PERGO FLOORS THROUGHOUT. MR. BEDROOM HAS WALK IN CLOSET. 6 YEARS OLD UPDATED CERAMIC BATHROOM,1 YEAR OLD REFRIGARETOR AND DISWASHER. UNIT IS IN EXCELLENT CONDITION.....

Investment Property |

MLS #12037549

 Single Family Residence

$159,900 | Active Home listing

2 Beds | 1 Baths | 0 Sqft | 0 Acres Lot

9970 S 84th Terrace, Palos Hills, IL 60465 Cook County

Real Estate Details & Photos
Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039763. These 3 properties can be purchased individually, or all together....

Investment Property |

MLS #12039782

 Other

$200,000 | Active Home listing

0 Beds | 0 Baths | 1,400 Sqft | 0 Acres Lot

3117 S Archer Avenue, Chicago, IL 60608 Cook County

Listing Details & Photos
Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic....

Investment Property |

MLS #11999201

 Other

$725,000 | Active Home listing

0 Beds | 0 Baths | 6,950 Sqft | 0 Acres Lot

3111 - 3117 S Archer Avenue, Chicago, IL 60608 Cook County

Listing Details & Photos
Built in 2022, this 16x76 single wide mobile home is very well maintained inside and out. 3 bedrooms, 2 baths including primary bedroom and en suite with walk-in closet, open concept living/kitchen area and thermal windows. Very efficient....

Investment Property |

MLS #11273457

 Mobile Home

$99,500 | Active Home listing

3 Beds | 2 Baths | 1,216 Sqft | 0 Acres Lot

800 Southwind Blvd., Robinson, IL 62454

Mobile Home Details & Photos
Well maintained, fully leased, 4 unit side by side duplexes. Units include range, microwave/fan, refrigerator, dishwasher, garbage disposal, and washer/dryer hookups. 2 bedrooms, 2 baths, and a small exterior storage space. All the tenants show....

Investment Property |

MLS #EB453149

 Other

$250,000 | Active Home listing

0 Beds | 0 Baths | 3,912 Sqft | 0 Acres Lot

2625 WESCOTT, Mt Vernon, IL 62864 Jefferson County

Listing Details & Photos
Looking for a great investment opportunity with solid rental history? This Moline up-and-down duplex close to downtown has a lot of potential for fixing up. 2 bed/1 bath unit upstairs and 1 bed/1 bath with large living space in the lower unit. New....

Investment Property |

MLS #QC4252010

 Other

$79,900 | Active Home listing

0 Beds | 0 Baths | 1,695 Sqft | 0 Acres Lot

719 12TH Street, Moline, IL 61265 Rock Island County

Listing Details & Photos
PLEASE Do not stop by station for the purpose of talking to employees. Oakton St. BP gas station at Hamlin Ave., east of Crawford Ave., blocks from Amazon FLEET CENTER. offering approximately, 3,000 Sq. ft. building, selling an average of 15-K in....

Investment Property |

MLS #12013992

 Other

$1,149,000 | Active Home listing

0 Beds | 0 Baths | 3,200 Sqft | 0 Acres Lot

3800 Oakton Street, Skokie, IL 60076 Cook County

Listing Details & Photos
Welcome home to this totally updated Loop home across the street from iconic Millennium Park and the Bean! Enjoy preparing amazing meals in the large open eat-in kitchen with seating for 6, plus high-end stainless steel appliances (Bertazzoni....

Investment Property |

MLS #12038490

 Single Family Residence

$318,500 | Active Home listing

1 Beds | 1 Baths | 0 Sqft | 0 Acres Lot

6 N MICHIGAN Avenue, Chicago, IL 60602 Cook County

Real Estate Details & Photos
You can't beat this location! Discover this oversized one-bedroom unit in Chicago's beautiful Buena Park neighborhood. Step inside to the large living area, with plenty of southern facing windows tons natural light to permeate the space. The....

Investment Property |

MLS #12038068

 Single Family Residence

$195,000 | Active Home listing

1 Beds | 1 Baths | 1,000 Sqft | 0 Acres Lot

4200 N Marine Drive, Chicago, IL 60613 Cook County

Real Estate Details & Photos
Beautifully maintained 4 unit brick ranch. This unit includes one 2 bedroom one bath, two one bedroom one bath and and Owner suite which is 3/4 bedroom 2 baths and a full deck and a 2 car detached garage. The owner unit includes spacious kitchen....

Investment Property |

MLS #12038618

 Other

$550,000 | Active Home listing

7 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

16019 Laramie Avenue, Oak Forest, IL 60452 Cook County

Listing Details & Photos
Nice ranch style 2 unit. Each unit has 3 bedrooms, laundry room and one bath. . Newer roof, furnace and air conditioner. Unit two is leased and unit one is available to view. The rents for 2023 yielding 9% cap rate..

Investment Property |

MLS #12038661

 Other

$255,000 | Active Home listing

6 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

3431 Morgan Street, Steger, IL 60475 Will County

Listing Details & Photos
Two single family residences on one parcel. The front home is a 2 bedroom, one bath home with long term tenant that would like to stay. The second home is a 1 bedroom, one bath home with a 'non-conforming' room with upstairs with a long term....

Investment Property |

MLS #24024254

 Other

$95,000 | Active Home listing

0 Beds | 0 Baths | 970 Sqft | 0 Acres Lot

1715 Chestnut Street, Granite City, IL 62040 Madison-IL County

Listing Details & Photos
Welcome to the Royalle Condominiums in the heart of River North! Rarely available, bright, and sunny large 900 sq ft 1 bedroom condominium. Enjoy city and sunset views while having dinner on the balcony. Condo features floor to ceiling and wall to....

Investment Property |

MLS #12038788

 Single Family Residence

$295,000 | Active Home listing

1 Beds | 1 Baths | 900 Sqft | 0 Acres Lot

744 N CLARK Street, Chicago, IL 60610 Cook County

Real Estate Details & Photos
CALLING ALL INVESTORS-- Southeast corner unit on a high floor offering breathtaking views of Lake Michigan, Lincoln Park, and the City from its floor-to-ceiling windows. The renovated space is bathed in natural light, highlighting its updated....

Investment Property |

MLS #12031665

 Single Family Residence

$279,000 | Active Home listing

2 Beds | 2 Baths | 1,150 Sqft | 0 Acres Lot

4343 N Clarendon Avenue, Chicago, IL 60613 Cook County

Real Estate Details & Photos
GREAT 2 BEDROOM 2 BATH DUPLEX IN SOUGHT AFTER RIVER GLEN IN JOLIET. DUPLEX IS CURRENTLY RENTED (MONTH TO MONTH) & FEATURES 2 BEDROOMS, 2 BATHS & FULL, UNFINISHED BASEMENT. OPEN & AIRY W/VAULTED CEILINGS. LIVING/DINING RM COMBO, KITCHEN W/42

Investment Property |

MLS #12036380

 Duplex

$259,000 | Active Home listing

2 Beds | 2 Baths | 1,450 Sqft | 0 Acres Lot

4326 River Glen Drive, Joliet, IL 60431 Will County

Duplex Details & Photos
As Is. Well maintained updated ranch style house with fenced yard and detached garage. Tenant occupied through May 31, 2025. Investor only sale at this time..

Investment Property |

MLS #12035264

 Single Family Residence

$300,000 | Active Home listing

2 Beds | 1 Baths | 938 Sqft | 0 Acres Lot

8312 N Milwaukee Avenue, Niles, IL 60714 Cook County

Real Estate Details & Photos
LARGE CAPE COD ON NICE WOODED LOT FEATURES 4 BEDROOMS AND 2 BATHS WITH 2 CAR DETACHED GARAGE. CURRENTLY BEING RENTED. GREAT HOME FOR AN INVESTOR WITH TENANT IN PLACE. SOLD

Investment Property |

MLS #12036051

 Single Family Residence

$125,000 | Active Home listing

4 Beds | 2 Baths | 1,354 Sqft | 0 Acres Lot

15601 Homan Avenue, Markham, IL 60428 Cook County

Real Estate Details & Photos
Waterfront Multi-Tenant Investment Opportunity near Starved Rock State Park!Welcome to an unparalleled opportunity to own or lease a premier waterfront property (approx 2.6 Acres) boasting over 9,000 square feet of potential along the picturesque....

Investment Property |

MLS #12036545

 Other

$599,000 | Active Home listing

0 Beds | 0 Baths | 9,360 Sqft | 0 Acres Lot

1134 N 27th Road, Ottawa, IL 61350 LaSalle County

Listing Details & Photos
RANCH HOME FEATURES 3 BEDROOMS AND 1 BATH. HOME HAS A 2 CAR DETACHED GARAGE. HOME IS CURRENTLY BEING RENTED. GREAT HOME FOR AN INVESTOR WITH TENANT IN PLACE. SOLD

Investment Property |

MLS #12036718

 Single Family Residence

$110,000 | Active Home listing

3 Beds | 1 Baths | 975 Sqft | 0 Acres Lot

16501 Oxford Drive S, Markham, IL 60428 Cook County

Real Estate Details & Photos
Bright and spacious unit; Three good size bedrooms, room for everyone. Laminate flooring throughout and in-unit laundry with stack-able washer and dryer. Kitchen/eating area with the balcony. Access from your unit to 1-car attached garage,....

Investment Property |

MLS #12036798

 Townhouse

$230,000 | Active Home listing

3 Beds | 1 Baths | 1,000 Sqft | 0 Acres Lot

1215 Cypress Drive, Wheeling, IL 60090 Cook County

Townhouse Details & Photos
For Sale-One story Commercial Building consisting of 3,200 Sq. feet of open space. Current home of Southside Knockout training center. Property has been Leased to Southside Knockout for many years. Tenants pay all expenses except Taxes and....

Investment Property |

MLS #12028276

 Other

$349,000 | Active Home listing

0 Beds | 0 Baths | 3,200 Sqft | 0 Acres Lot

3504-3508 W 111th. Street, Chicago, IL 60655 Cook County

Listing Details & Photos

Illinois Residential Income Property

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Traditional Rental Property For Sale In Illinois Under $250,000

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IL Airbnb Investment Property

Airbnb Investment Property For Sale In Illinois Under $250,000

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Illinois Real Estate Investments

Real estate investing in Illinois can be a lucrative opportunity for investors looking to generate passive income and build their real estate investment portfolio. With a wide range of options available, including residential income and commercial properties, Illinois investors can strategically choose their investments based on factors such as rental gross yield and potential return on investment (ROI). Illinois’s robust rental market offers the potential for steady cash flow, as the demand for rental properties remains high in many neighborhoods.

When buying an investment property in Illinois, it is essential to consider the neighborhood rating. A thriving Illinois neighborhood with amenities, good schools, and proximity to transportation can attract reliable tenants and ensure a higher rental income. Additionally, Illinois investors may explore financing options such as hard money mortgage loans to leverage their property investments and maximize their returns. Meetings connected investors can help gain access to off market Illinois investment properties or pre-foreclosure homes. By analyzing the potential rental income, expenses, and loan terms, investors can determine the cash flow and traditional ROI of their Illinois investment property to make informed landlord decisions.

Nearby Cash Flowing Investment Properties

The consumer information featured on our website is supplied by third party resources. In some cases the owner directly will supply the IDX data and in other cases third party traditional residential real estate listing services or MLS. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the traditional housing or multi-family home information sourced here is 100% accurate. All real estate investor should do their own due diligence and further research before engaging in a traditional investment opportunity property purchase based on the data and information provided here. The traditional real estate information here is deemed reliable but not guaranteed to be accurate to buy real estate investments. To protect consumers, we ask you please verify all aspects with a realty broker, Realtor or homes real estate agent including walk score, income, gross yield, crime index, condo association, neighborhood rating, average listing price / median list price, address, bedrooms / bed, bathrooms / bath, sq ft, lot size, cash yield, cap rate, higher yield potential, gross revenue, cash flow, ROI, and yield. In many cases the information may not be verified further than the source that provided it to us via the internet data exchange based on 15 min ago updates. This includes all data and information shown about the traditional residential income properties, locations, county avg, city, sqft single or sqft single family and multi-family homes, zip code, year built, mortgage rate, regulations and any other details found here before you invest. Airdeed Homes does not analyze property, own, manage and is not in any way associated with in a real estate transaction or sales capacity any of the vacation home shown here for sale. Images or Photography are subject to copyright DMCA takedown request from owner and photographer have all rights reserved but you may save share them.