Real Estate Investment Properties for Sale in Grayslake, IL

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

Explore a variety of short-term homes & houses in Grayslake, IL. Invest wisely with VRBO & Grayslake, 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 Grayslake, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
239 Frances Drive GRAYSLAKE, IL With more than 2,813 square feet, 4 bedrooms plus a loft and 2.5 baths, there's a space ...	4 beds \| 3 baths \| 2,987 sq.ft.	$589,900	Airbnb cash on cash: 7.45% Traditional cash on cash: 4.61% Airbnb Rental Income: $6001 Traditional Rental Income: $3246 Airbnb ROI: 7.45% Traditional ROI: 4.61%
253 Frances Drive GRAYSLAKE, IL With 3,130 square feet of living space, this classic 2-story offers all the space your f...	4 beds \| 3 baths \| 3,130 sq.ft.	$599,900	Airbnb cash on cash: 7.17% Traditional cash on cash: 4.51% Airbnb Rental Income: $6001 Traditional Rental Income: $3325 Airbnb ROI: 7.17% Traditional ROI: 4.51%
977 Harris Road #31 GRAYSLAKE, IL Welcome to Prairie Crossing - an acclaimed conservation community ~ A nature enthusiast's ...	3 beds \| 2 baths \| 2,226 sq.ft.	$299,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.09% Airbnb Rental Income: $2788 Traditional Rental Income: $2680 Airbnb ROI: 0.15% Traditional ROI: 2.09%
1858 Watercolor Place GRAYSLAKE, IL Welcome to Water's Edge, the townhome community that offers you Lakeside Living at Its Fin...	3 beds \| 4 baths \| 2,372 sq.ft.	$359,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.07% Airbnb Rental Income: $2788 Traditional Rental Income: $3245 Airbnb ROI: 0.79% Traditional ROI: 4.07%
250 Crozier Drive GRAYSLAKE, IL Renovated in 2020. 2 story foyer open to huge vaulted great room with wood ceiling and har...	3 beds \| 4 baths \| 3,076 sq.ft.	$499,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.78% Airbnb Rental Income: $2788 Traditional Rental Income: $3509 Airbnb ROI: 0.84% Traditional ROI: 3.78%
17768 W Iroquois Drive GRAYSLAKE, IL Absolutely gorgeous two bedroom and one bath single family home in desirable Wildwood Subd...	2 beds \| 1 baths \| 834 sq.ft.	$249,900	Airbnb cash on cash: 8.58% Traditional cash on cash: 4.29% Airbnb Rental Income: $3585 Traditional Rental Income: $1787 Airbnb ROI: 8.58% Traditional ROI: 4.29%
2755 Sheldon Road GRAYSLAKE, IL Single-level living makes this 1,984-square-foot, 2-bedroom ranch a favorite with anyone l...	2 beds \| 2 baths \| 1,984 sq.ft.	$574,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 3.72% Airbnb Rental Income: $3585 Traditional Rental Income: $2763 Airbnb ROI: 3.79% Traditional ROI: 3.72%
32363 N Bacon Road GRAYSLAKE, IL Come check out the famous Ziegler Apple Orchard in Grayslake. This home is located on 15 a...	4 beds \| 3 baths \| 2,389 sq.ft.	$1,199,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 0.7% Airbnb Rental Income: $6001 Traditional Rental Income: $2806 Airbnb ROI: 2.5% Traditional ROI: 0.7%
33670 N Lake Shore Drive GRAYSLAKE, IL This is a beautiful lake front home! Enjoy the spectacular Lake view from your living roo...	4 beds \| 2 baths \| 2,520 sq.ft.	$629,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 2.37% Airbnb Rental Income: $6001 Traditional Rental Income: $2989 Airbnb ROI: 5.47% Traditional ROI: 2.37%
2814 Phillip Drive GRAYSLAKE, IL Enjoy the summer breeze overlooking Fourth Lake. Beautiful easterly views across the lake ...	3 beds \| 3 baths \| 2,560 sq.ft.	$977,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.08% Airbnb Rental Income: $2788 Traditional Rental Income: $3077 Airbnb ROI: 1.05% Traditional ROI: 2.08%
2663 Sheldon Road GRAYSLAKE, IL More than a home, an incredible lifestyle! Country living at its finest, yet close to ever...	4 beds \| 4 baths \| 3,328 sq.ft.	$750,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 2.58% Airbnb Rental Income: $6001 Traditional Rental Income: $4076 Airbnb ROI: 3.63% Traditional ROI: 2.58%
505 Ashford Lane GRAYSLAKE, IL MUST SEE!! Gorgeous home with high ceilings, elegant wall niches, convenient location, goo...	4 beds \| 3 baths \| 2,411 sq.ft.	$414,990	Airbnb cash on cash: 8.22% Traditional cash on cash: 3.39% Airbnb Rental Income: $6001 Traditional Rental Income: $2935 Airbnb ROI: 8.22% Traditional ROI: 3.39%
2614 Maywood Court GRAYSLAKE, IL Comfort & Convenience in 55+ Saddlebrook Farms! Welcome to easy living in this charming 2-...	2 beds \| 2 baths \| 1,287 sq.ft.	$150,000	Airbnb cash on cash: 9.25% Traditional cash on cash: 5.29% Airbnb Rental Income: $3585 Traditional Rental Income: $2231 Airbnb ROI: 9.25% Traditional ROI: 5.29%
34128 N Wooded Glen Drive GRAYSLAKE, IL This outstanding home in the highly sought-after neighborhood of Wooded Glen offers a perf...	5 beds \| 4 baths \| 3,980 sq.ft.	$499,900	Airbnb cash on cash: 9.48% Traditional cash on cash: 4.76% Airbnb Rental Income: $7834 Traditional Rental Income: $4133 Airbnb ROI: 9.48% Traditional ROI: 4.76%
1319 Churchill Lane GRAYSLAKE, IL Welcome to 1913 Churchill Ln. This 3 bedroom 2.1 bathroom home is situated in a quiet neig...	3 beds \| 3 baths \| 1,716 sq.ft.	$315,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 4.73% Airbnb Rental Income: $2788 Traditional Rental Income: $2624 Airbnb ROI: 3.08% Traditional ROI: 4.73%
3003 Hunt Club Court GRAYSLAKE, IL Best priced home with a 2-CAR GARAGE in Saddlebrook an active 55+ adult community designed...	1 beds \| 2 baths \| 1,073 sq.ft.	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.23% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 8.23%
928 Shootingstar Road GRAYSLAKE, IL Welcome home to this rarely available Bradbury model in Prairie Crossing! This home featur...	4 beds \| 3 baths \| 2,758 sq.ft.	$585,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 1.85% Airbnb Rental Income: $6001 Traditional Rental Income: $3066 Airbnb ROI: 5.05% Traditional ROI: 1.85%
504 BALMORAL Court GRAYSLAKE, IL Welcome to 504 Balmoral, nestled in the vibrant 55+ community of Saddlebrook Farms! This c...	2 beds \| 2 baths \| 1,680 sq.ft.	$169,900	Airbnb cash on cash: 8.77% Traditional cash on cash: 6.83% Airbnb Rental Income: $3585 Traditional Rental Income: $2483 Airbnb ROI: 8.77% Traditional ROI: 6.83%
24265 W CHEROKEE Trail GRAYSLAKE, IL Welcome to this charming 4-bedroom, 2.1 bath split-level home located on a peaceful dead-e...	4 beds \| 3 baths \| 2,957 sq.ft.	$415,000	Airbnb cash on cash: 9.96% Traditional cash on cash: 6.53% Airbnb Rental Income: $6001 Traditional Rental Income: $3479 Airbnb ROI: 9.96% Traditional ROI: 6.53%
1537 Colt Lane GRAYSLAKE, IL Welcome to this like-new 2-bedroom, 2-bath ranch home in the sought-after 55+ Saddlebrook ...	2 beds \| 2 baths \| N/A	$280,000	Airbnb cash on cash: 5.32% Traditional cash on cash: 4.13% Airbnb Rental Income: $3585 Traditional Rental Income: $2486 Airbnb ROI: 5.32% Traditional ROI: 4.13%
2814 Gateway Circle GRAYSLAKE, IL Welcome to this beautiful 2-bedroom, 2-bathroom home in the highly desirable active adult ...	2 beds \| 2 baths \| 1,632 sq.ft.	$149,900	Airbnb cash on cash: 9.81% Traditional cash on cash: 7.55% Airbnb Rental Income: $3585 Traditional Rental Income: $2474 Airbnb ROI: 9.81% Traditional ROI: 7.55%
1479 Potawatomi Road GRAYSLAKE, IL Prime location! This 3 bed 2.5 bath lakeview Lowden model is steps from the charter scho...	3 beds \| 3 baths \| 2,309 sq.ft.	$549,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.02% Airbnb Rental Income: $2788 Traditional Rental Income: $2947 Airbnb ROI: 0.43% Traditional ROI: 2.02%
722 DILLON Court GRAYSLAKE, IL Highly desired 2-story contemporary style townhouse in popular CHERRY CREEK subdivision ha...	3 beds \| 3 baths \| 1,320 sq.ft.	$295,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.69% Airbnb Rental Income: $2788 Traditional Rental Income: $2279 Airbnb ROI: 3.17% Traditional ROI: 3.69%
18135 W Meander Drive GRAYSLAKE, IL This Oakwood home offers 5 bedrooms, including a first-floor bedroom suite with full bathr...	5 beds \| 3 baths \| 2,540 sq.ft.	$525,000	Airbnb cash on cash: 9.93% Traditional cash on cash: 3.48% Airbnb Rental Income: $7834 Traditional Rental Income: $3178 Airbnb ROI: 9.93% Traditional ROI: 3.48%

Real Estate investment in Grayslake, IL

There are 41 properties for sale in the city of Grayslake . The median list price in Grayslake is $307,500 and the average price per square foot is $156. In November 2024, the average monthly cash on cash return in Grayslake is 4.00%. The average monthly rental income in Grayslake is $2,585.

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

There are 41 investment properties available for sale in Grayslake.

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

The ROI for Short-Term is higher than the Long-Term in Grayslake with average rental income of $3,585.

Your search for investment property begins and ends here

Investment Property for Sale in Grayslake, IL

239 Frances Drive

GRAYSLAKE, IL

4 beds | 3 baths | 2,987 sq.ft.

$589,900

Airbnb cash on cash: 7.45%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $6001

Traditional Rental Income: $3246

Airbnb ROI: 7.45%

Traditional ROI: 4.61%

253 Frances Drive

GRAYSLAKE, IL

4 beds | 3 baths | 3,130 sq.ft.

$599,900

Airbnb cash on cash: 7.17%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $6001

Traditional Rental Income: $3325

Airbnb ROI: 7.17%

Traditional ROI: 4.51%

977 Harris Road #31

GRAYSLAKE, IL

3 beds | 2 baths | 2,226 sq.ft.

$299,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $2788

Traditional Rental Income: $2680

Airbnb ROI: 0.15%

Traditional ROI: 2.09%

1858 Watercolor Place

GRAYSLAKE, IL

3 beds | 4 baths | 2,372 sq.ft.

$359,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2788

Traditional Rental Income: $3245

Airbnb ROI: 0.79%

Traditional ROI: 4.07%

250 Crozier Drive

GRAYSLAKE, IL

3 beds | 4 baths | 3,076 sq.ft.

$499,900

Airbnb cash on cash: 0.84%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $2788

Traditional Rental Income: $3509

Airbnb ROI: 0.84%

Traditional ROI: 3.78%

17768 W Iroquois Drive

GRAYSLAKE, IL

2 beds | 1 baths | 834 sq.ft.

$249,900

Airbnb cash on cash: 8.58%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $3585

Traditional Rental Income: $1787

Airbnb ROI: 8.58%

Traditional ROI: 4.29%

2755 Sheldon Road

GRAYSLAKE, IL

2 beds | 2 baths | 1,984 sq.ft.

$574,900

Airbnb cash on cash: 3.79%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $3585

Traditional Rental Income: $2763

Airbnb ROI: 3.79%

Traditional ROI: 3.72%

32363 N Bacon Road

GRAYSLAKE, IL

4 beds | 3 baths | 2,389 sq.ft.

$1,199,900

Airbnb cash on cash: 2.5%

Traditional cash on cash: 0.7%

Airbnb Rental Income: $6001

Traditional Rental Income: $2806

Airbnb ROI: 2.5%