Real Estate Investment Properties for Sale in Palatine, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
523 E Juniper Drive Palatine, IL Discover this beautifully designed home combining half-brick and half-cedar construction, ...	3 beds \| 3 baths \| 1,869 sq.ft.	$483,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 3.09% Airbnb Rental Income: $3833 Traditional Rental Income: $2898 Airbnb ROI: 3.33% Traditional ROI: 3.09%
50 N Plum Grove Road #210E Palatine, IL Exquisite Two-Bedroom, Two-Bathroom Condo in Prime Palatine Location! Experience luxury li...	2 beds \| 2 baths \| 1,700 sq.ft.	$390,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 2.67% Airbnb Rental Income: $4109 Traditional Rental Income: $3014 Airbnb ROI: 3.27% Traditional ROI: 2.67%
235 N Smith Street #206 Palatine, IL One of the BEST locations in DOWNTOWN Palatine!!! Just steps to the train station, restaur...	1 beds \| 2 baths \| 1,232 sq.ft.	$295,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 4.04% Airbnb Rental Income: $1329 Traditional Rental Income: $2435 Airbnb ROI: -1.42% Traditional ROI: 4.04%
909 West Andover Court Palatine, IL Discover this unique and extraordinary semi-custom townhome nestled within the prestigious...	2 beds \| 4 baths \| 3,407 sq.ft.	$489,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.73% Airbnb Rental Income: $4109 Traditional Rental Income: $3228 Airbnb ROI: 3.74% Traditional ROI: 3.73%
174 S Maple Street Palatine, IL Just in Time for the Holidays!! This newly renovated split ranch is a rare find! Perfectl...	3 beds \| 2 baths \| 1,221 sq.ft.	$595,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 1.92% Airbnb Rental Income: $3833 Traditional Rental Income: $2446 Airbnb ROI: 2.92% Traditional ROI: 1.92%
810 E Kings Row #6 Palatine, IL Phenomenal Price for a 2 Bedroom and 2 Bathroom Second Floor Unit. Move-In ready. Fresh Ne...	2 beds \| 2 baths \| N/A	$235,000	Airbnb cash on cash: 9.12% Traditional cash on cash: 4.75% Airbnb Rental Income: $4109 Traditional Rental Income: $2264 Airbnb ROI: 9.12% Traditional ROI: 4.75%
282 W Robertson Street Palatine, IL Beautiful move in condition townhome! Sharp home with an open floor plan, featuring hardwo...	3 beds \| 4 baths \| 2,100 sq.ft.	$375,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 4.22% Airbnb Rental Income: $3833 Traditional Rental Income: $3125 Airbnb ROI: 3.88% Traditional ROI: 4.22%
321 W Cheryl Lane Palatine, IL Remodeled expanded ranch in highly desirable Pleasant Hill subdivision. New kitchen with 4...	3 beds \| 2 baths \| 1,364 sq.ft.	$479,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 2.54% Airbnb Rental Income: $3833 Traditional Rental Income: $2504 Airbnb ROI: 3.65% Traditional ROI: 2.54%
675 W Gilbert Road Palatine, IL This property is an incredible opportunity, priced below its appraised value! Builders an...	5 beds \| 2 baths \| 3,424 sq.ft.	$485,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 3.16% Airbnb Rental Income: $4648 Traditional Rental Income: $2886 Airbnb ROI: 4.92% Traditional ROI: 3.16%
7 E Dundee Quarter Drive #106 Palatine, IL INVESTORS!!GREAT FIRST FLOOR 1 BEDROOM 1 BATH UNIT.LARGE LIVING ROOM WITH SEPARATE DINING ...	1 beds \| 1 baths \| 800 sq.ft.	$145,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 6% Airbnb Rental Income: $1329 Traditional Rental Income: $1516 Airbnb ROI: 1.7% Traditional ROI: 6%
15b E Dundee Quarter Drive #101 Palatine, IL Completely remodeled 1 bed 1 bath condo on First floor in Palatine. Features updated floor...	1 beds \| 1 baths \| 600 sq.ft.	$150,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.98% Airbnb Rental Income: $1329 Traditional Rental Income: $1426 Airbnb ROI: 1.44% Traditional ROI: 4.98%
2285 Longacres Lane Palatine, IL A STELLAR RANCH home that is brimming with abundant natural light, luxurious finishes and ...	4 beds \| 4 baths \| 4,517 sq.ft.	$849,900	Airbnb cash on cash: 4.03% Traditional cash on cash: 2.67% Airbnb Rental Income: $6397 Traditional Rental Income: $4062 Airbnb ROI: 4.03% Traditional ROI: 2.67%
1057 N Penny Lane Palatine, IL THIS 2001 BUILT HOME IN PALATINE OFFERS PLENTY OF WINDOWS THAT BRING IN A LOT OF NATURAL L...	5 beds \| 3 baths \| 2,558 sq.ft.	$599,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 2.72% Airbnb Rental Income: $4648 Traditional Rental Income: $3222 Airbnb ROI: 3.54% Traditional ROI: 2.72%
124 W Colfax Street #401 Palatine, IL Bright and spacious south east corner unit now being offered for sale. Well cared for home...	2 beds \| 2 baths \| 1,375 sq.ft.	$329,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 3.81% Airbnb Rental Income: $4109 Traditional Rental Income: $2519 Airbnb ROI: 6.12% Traditional ROI: 3.81%
1224 W Whytecliff Road Palatine, IL Welcome to this spacious home located in the desirable Whytecliff neighborhood, within the...	4 beds \| 3 baths \| 2,234 sq.ft.	$575,000	Airbnb cash on cash: 6.37% Traditional cash on cash: 2.44% Airbnb Rental Income: $6397 Traditional Rental Income: $3031 Airbnb ROI: 6.37% Traditional ROI: 2.44%
357 E Shady Pines Court Palatine, IL Welcome to this classic 4 bedroom, 2 full / 2 half bath home with plenty of space to sprea...	4 beds \| 4 baths \| 3,042 sq.ft.	$615,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 3.63% Airbnb Rental Income: $6397 Traditional Rental Income: $3763 Airbnb ROI: 6.03% Traditional ROI: 3.63%
1295 N Sterling Avenue #102 Palatine, IL SPACIOUS 1200 SQ FT UNIT IN PRIVATE, QUIET LOCATION. STEP SAVER FIRST FLOOR LOCATION. ...	2 beds \| 2 baths \| 1,200 sq.ft.	$229,000	Airbnb cash on cash: 9.25% Traditional cash on cash: 4.52% Airbnb Rental Income: $4109 Traditional Rental Income: $2210 Airbnb ROI: 9.25% Traditional ROI: 4.52%
371-375 Longacres Lane Palatine, IL Design your dream home with this Built-to-Suit single-family home opportunity. Located in ...	3 beds \| 2 baths \| 2,000 sq.ft.	$849,999	Airbnb cash on cash: 2.16% Traditional cash on cash: 1.79% Airbnb Rental Income: $3833 Traditional Rental Income: $2715 Airbnb ROI: 2.16% Traditional ROI: 1.79%
248 N Rohlwing Road Palatine, IL Set on a high, double lot, the property has been lovingly maintained, offering a perfect b...	4 beds \| 2 baths \| 2,632 sq.ft.	$549,000	Airbnb cash on cash: 7.14% Traditional cash on cash: 2.67% Airbnb Rental Income: $6397 Traditional Rental Income: $2850 Airbnb ROI: 7.14% Traditional ROI: 2.67%
1 Renaissance Place #712 Palatine, IL Discover resort-style living every day at 1 Renaissance Place in Palatine! This beautiful ...	1 beds \| 1 baths \| 782 sq.ft.	$157,500	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.5% Airbnb Rental Income: $1329 Traditional Rental Income: $1575 Airbnb ROI: -0.86% Traditional ROI: 3.5%
1216 N Knollwood Drive Palatine, IL Move in ready 2-bedroom townhome in highly desirable Knollwood of Palatine! Stainless Stee...	2 beds \| 2 baths \| 1,155 sq.ft.	$250,000	Airbnb cash on cash: 8.54% Traditional cash on cash: 3.93% Airbnb Rental Income: $4109 Traditional Rental Income: $2147 Airbnb ROI: 8.54% Traditional ROI: 3.93%

Real Estate investment in Palatine, IL

There are 51 properties for sale in the city of Palatine . The median list price in Palatine is $349,900 and the average price per square foot is $209. In December 2024, the average monthly cash on cash return in Palatine is 4.00%. The average monthly rental income in Palatine is $2,498.

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

There are 51 investment properties available for sale in Palatine.

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

The ROI for Short-Term is higher than the Long-Term in Palatine with average rental income of $4,109.

Your search for investment property begins and ends here

Investment Property for Sale in Palatine, IL

523 E Juniper Drive

Palatine, IL

3 beds | 3 baths | 1,869 sq.ft.

$483,000

Airbnb cash on cash: 3.33%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $3833

Traditional Rental Income: $2898

Airbnb ROI: 3.33%

Traditional ROI: 3.09%

50 N Plum Grove Road #210E

Palatine, IL

2 beds | 2 baths | 1,700 sq.ft.

$390,000

Airbnb cash on cash: 3.27%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $4109

Traditional Rental Income: $3014

Airbnb ROI: 3.27%

Traditional ROI: 2.67%

235 N Smith Street #206

Palatine, IL

1 beds | 2 baths | 1,232 sq.ft.

$295,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $1329

Traditional Rental Income: $2435

Airbnb ROI: -1.42%

Traditional ROI: 4.04%

909 West Andover Court

Palatine, IL

2 beds | 4 baths | 3,407 sq.ft.

$489,900

Airbnb cash on cash: 3.74%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $4109

Traditional Rental Income: $3228

Airbnb ROI: 3.74%

Traditional ROI: 3.73%

174 S Maple Street

Palatine, IL

3 beds | 2 baths | 1,221 sq.ft.

$595,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $3833

Traditional Rental Income: $2446

Airbnb ROI: 2.92%

Traditional ROI: 1.92%

810 E Kings Row #6

Palatine, IL

2 beds | 2 baths | N/A

$235,000

Airbnb cash on cash: 9.12%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $4109

Traditional Rental Income: $2264

Airbnb ROI: 9.12%

Traditional ROI: 4.75%

282 W Robertson Street

Palatine, IL

3 beds | 4 baths | 2,100 sq.ft.

$375,000

Airbnb cash on cash: 3.88%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $3833

Traditional Rental Income: $3125

Airbnb ROI: 3.88%

Traditional ROI: 4.22%

321 W Cheryl Lane

Palatine, IL

3 beds | 2 baths | 1,364 sq.ft.

$479,900

Airbnb cash on cash: 3.65%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $3833

Traditional Rental Income: $2504

Airbnb ROI: 3.65%