Real Estate Investment Properties for Sale in Elgin, IL

Looking for investment property in Elgin, IL with high ROI ?

Explore a variety of short-term homes & houses in Elgin, IL. Invest wisely with VRBO & Elgin, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Elgin, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9n914 Beckman Trail Elgin, IL MOVE IN READY! Fabulous location, 3/4 acre lot, fenced yard! 2-Story, 4 bedrooms, 3-1/2 ba...	4 beds \| 4 baths \| 1,860 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $3212 Airbnb ROI: N/A Traditional ROI: 5.72%
3153 Kyra Lane Elgin, IL Highly Desirable RANCH with full walk out basement that's deep poured 9-foot ceiling with ...	3 beds \| 2 baths \| 2,033 sq.ft.	$439,900	Airbnb cash on cash: 3.08% Traditional cash on cash: 2.86% Airbnb Rental Income: $3420 Traditional Rental Income: $2570 Airbnb ROI: 3.08% Traditional ROI: 2.86%
622 Chelsea Court Elgin, IL Welcome home to this charming two-bedroom, two-bathroom townhome in Elgin, offering a spac...	2 beds \| 2 baths \| 1,444 sq.ft.	$255,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 5.51% Airbnb Rental Income: $3646 Traditional Rental Income: $2356 Airbnb ROI: 7.56% Traditional ROI: 5.51%
1219 Forest Drive Elgin, IL This expansive all-brick four-bedroom ranch is nestled in the established Century Oaks Eas...	4 beds \| 3 baths \| 1,900 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $2946 Airbnb ROI: N/A Traditional ROI: 4.58%
157 River Walk Court Elgin, IL THREE-STORY BRICK WALKUP LOCATED IN DOWNTOWN ELGIN!! 2 BR, 2.5 BATH home with so much to o...	2 beds \| 3 baths \| 1,900 sq.ft.	$315,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 4.53% Airbnb Rental Income: $3646 Traditional Rental Income: $2656 Airbnb ROI: 5.18% Traditional ROI: 4.53%
1110 Cottage Cove Elgin, IL Welcome to this stunning home in the desirable Willow Bay subdivision, just minutes from s...	4 beds \| 4 baths \| 3,729 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $3866 Airbnb ROI: N/A Traditional ROI: 5.38%
1124 Pine Valley Court Elgin, IL Stunning two-story end unit in Bowes Creek Country Club offers a flexible floor plan with ...	3 beds \| 3 baths \| 2,186 sq.ft.	$399,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 3.4% Airbnb Rental Income: $3420 Traditional Rental Income: $2787 Airbnb ROI: 3.06% Traditional ROI: 3.4%
640 Congdon Avenue Elgin, IL Are you a city dweller yearning to embrace the tranquility of the suburbs without sacrific...	3 beds \| 2 baths \| 1,725 sq.ft.	$269,900	Airbnb cash on cash: 4.94% Traditional cash on cash: 4.68% Airbnb Rental Income: $3420 Traditional Rental Income: $2595 Airbnb ROI: 4.94% Traditional ROI: 4.68%
618 Congdon Avenue #618 Elgin, IL Historic Shoe Factory Loft - This 3 Story End-Unit has an authentic Downtown Chicago charm...	3 beds \| 3 baths \| 2,200 sq.ft.	$275,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 6.04% Airbnb Rental Income: $3420 Traditional Rental Income: $3129 Airbnb ROI: 4.23% Traditional ROI: 6.04%
638 N SPRING Street Elgin, IL This Remarkable Vintage home with all the modern amenities is yours for the taking and mov...	3 beds \| 3 baths \| 2,041 sq.ft.	$339,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 6.58% Airbnb Rental Income: $3420 Traditional Rental Income: $3096 Airbnb ROI: 5.21% Traditional ROI: 6.58%
3546 Crosswater Court Elgin, IL Welcome to 3546 Crosswater Ct, a stunning home offering expansive space and serene surroun...	3 beds \| 3 baths \| 2,379 sq.ft.	$750,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.46% Airbnb Rental Income: $3420 Traditional Rental Income: $3259 Airbnb ROI: 0.61% Traditional ROI: 1.46%
1986 SANDY CREEK Drive #1986 Elgin, IL Two Bedroom, Two Full Bath, Two car garage in a quiet cul-de-sac. Full unfinished basemen...	2 beds \| 2 baths \| 1,524 sq.ft.	$295,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 4.47% Airbnb Rental Income: $3646 Traditional Rental Income: $2328 Airbnb ROI: 6.35% Traditional ROI: 4.47%
3538 Crosswater Court Elgin, IL New construction quick move-in home by Toll Brothers - Move in April 2024! Love everything...	4 beds \| 3 baths \| 2,482 sq.ft.	$524,995	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $3554 Airbnb ROI: N/A Traditional ROI: 3.68%
3525 S Riding Ridge Road Elgin, IL New construction by Toll Brothers available September 2024! There's still time to choose y...	4 beds \| 3 baths \| 3,578 sq.ft.	$649,995	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $3588 Airbnb ROI: N/A Traditional ROI: 2.41%
3527 Crosswater Court Elgin, IL New construction quick move in home by Toll Brothers - move in September 2024! This quick ...	4 beds \| 3 baths \| 3,129 sq.ft.	$749,995	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $3741 Airbnb ROI: N/A Traditional ROI: 1.88%
570 Madison Lane Elgin, IL NEW CONSTRUCTION RANCH DUPLEX WITH ENGLISH BASEMENT- Ranch Duplex , 3 bedroom and 3 full b...	2 beds \| 3 baths \| 1,367 sq.ft.	$426,444	Airbnb cash on cash: 2.97% Traditional cash on cash: 1.92% Airbnb Rental Income: $3646 Traditional Rental Income: $2431 Airbnb ROI: 2.97% Traditional ROI: 1.92%
474 Addison Street Elgin, IL Beautiful newly remodeled two flat! Features modern looking luxury vinyl plank floors and ...	4 beds \| N/A baths \| N/A	$291,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2330 Airbnb ROI: N/A Traditional ROI: 5.75%
146 Goldenrod Drive Elgin, IL This townhouse is a dream come true, with an inviting open concept floor plan and a prime ...	3 beds \| 3 baths \| 1,756 sq.ft.	$310,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 4.46% Airbnb Rental Income: $3420 Traditional Rental Income: $2609 Airbnb ROI: 4.64% Traditional ROI: 4.46%
4079 Conifer Drive Elgin, IL TALK ABOUT MOVE-IN READY!! Beautiful Semi-Custom Home In Highly Desired Cedar Grove Subdiv...	4 beds \| 3 baths \| 4,065 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $3281 Airbnb ROI: N/A Traditional ROI: 2.74%
1030 Reserve Drive #703 Elgin, IL This is a very attractive end-unit townhouse with two bedrooms and two full and one-half b...	2 beds \| 3 baths \| 1,098 sq.ft.	$299,995	Airbnb cash on cash: 6.3% Traditional cash on cash: 4.67% Airbnb Rental Income: $3646 Traditional Rental Income: $2389 Airbnb ROI: 6.3% Traditional ROI: 4.67%

Real Estate investment in Elgin, IL

There are 125 properties for sale in the city of Elgin . The median list price in Elgin is $366,950 and the average price per square foot is $168. In November 2024, the average monthly cash on cash return in Elgin is 5.00%. The average monthly rental income in Elgin is $2,670.

Elgin, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 125 investment properties available for sale in Elgin.

In 2024, the best neighborhood to buy investment property is Elgin.

The ROI for Short-Term is higher than the Long-Term in Elgin with average rental income of $3,420.

Your search for investment property begins and ends here

Investment Property for Sale in Elgin, IL

9n914 Beckman Trail

Elgin, IL

4 beds | 4 baths | 1,860 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3212

Airbnb ROI: N/A

Traditional ROI: 5.72%

3153 Kyra Lane

Elgin, IL

3 beds | 2 baths | 2,033 sq.ft.

$439,900

Airbnb cash on cash: 3.08%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $3420

Traditional Rental Income: $2570

Airbnb ROI: 3.08%

Traditional ROI: 2.86%

622 Chelsea Court

Elgin, IL

2 beds | 2 baths | 1,444 sq.ft.

$255,000

Airbnb cash on cash: 7.56%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $3646

Traditional Rental Income: $2356

Airbnb ROI: 7.56%

Traditional ROI: 5.51%

1219 Forest Drive

Elgin, IL

4 beds | 3 baths | 1,900 sq.ft.

$379,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2946

Airbnb ROI: N/A

Traditional ROI: 4.58%

157 River Walk Court

Elgin, IL

2 beds | 3 baths | 1,900 sq.ft.

$315,000

Airbnb cash on cash: 5.18%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $3646

Traditional Rental Income: $2656

Airbnb ROI: 5.18%

Traditional ROI: 4.53%

1110 Cottage Cove

Elgin, IL

4 beds | 4 baths | 3,729 sq.ft.

$469,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3866

Airbnb ROI: N/A

Traditional ROI: 5.38%

1124 Pine Valley Court

Elgin, IL

3 beds | 3 baths | 2,186 sq.ft.

$399,900

Airbnb cash on cash: 3.06%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $3420

Traditional Rental Income: $2787

Airbnb ROI: 3.06%

Traditional ROI: 3.4%

640 Congdon Avenue

Elgin, IL

3 beds | 2 baths | 1,725 sq.ft.

$269,900

Airbnb cash on cash: 4.94%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $3420

Traditional Rental Income: $2595

Airbnb ROI: 4.94%