Real Estate Investment Properties for Sale in Park Forest, IL

Looking for investment property in Park Forest, IL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
314 Douglas Street Park Forest, IL Updated 4-bedroom, 1.5-bathroom brick ranch home! Newer vinyl flooring, neutral paint, and...	4 beds \| 2 baths \| 1,701 sq.ft.	$138,000	Airbnb cash on cash: 9.92% Traditional cash on cash: 10.21% Airbnb Rental Income: $3160 Traditional Rental Income: $2482 Airbnb ROI: 9.92% Traditional ROI: 10.21%
320 Merrimac Street Park Forest, IL VALUE - LIKE NEW - VALUE Charming, newly refurbished 4br + 2 full baths family home in wo...	4 beds \| 2 baths \| 1,516 sq.ft.	$219,900	Airbnb cash on cash: 5.07% Traditional cash on cash: 5.05% Airbnb Rental Income: $3160 Traditional Rental Income: $2439 Airbnb ROI: 5.07% Traditional ROI: 5.05%
209 Illinois Street Park Forest, IL Recently up-dated Home with Modern Touches. Discover the perfect blend of comfort and styl...	4 beds \| 2 baths \| 1,725 sq.ft.	$200,000	Airbnb cash on cash: 7.67% Traditional cash on cash: 7.96% Airbnb Rental Income: $3160 Traditional Rental Income: $2499 Airbnb ROI: 7.67% Traditional ROI: 7.96%
333 Indianwood Boulevard Park Forest, IL Spacious 4 bedroom home on corner lot. Eat-in kitchen has NEW cabinets, countertops and si...	4 beds \| 1 baths \| 1,180 sq.ft.	$155,000	Airbnb cash on cash: 9.36% Traditional cash on cash: 5.68% Airbnb Rental Income: $3160 Traditional Rental Income: $1899 Airbnb ROI: 9.36% Traditional ROI: 5.68%
240 Mantua Street Park Forest, IL LIBRARY, ART GALLERY NEARBY AND BEAUTIFICATION AWARDS, PARK FOREST WITH A POPULATION OF 21...	3 beds \| 1 baths \| 1,241 sq.ft.	$219,900	Airbnb cash on cash: 8.75% Traditional cash on cash: 3.93% Airbnb Rental Income: $3835 Traditional Rental Income: $2003 Airbnb ROI: 8.75% Traditional ROI: 3.93%
197 Washington Street Park Forest, IL Welcome to this beautifully updated 4-bedroom, 2-bathroom home located in the heart of Par...	4 beds \| 2 baths \| 1,349 sq.ft.	$159,900	Airbnb cash on cash: 9.94% Traditional cash on cash: 8.7% Airbnb Rental Income: $3160 Traditional Rental Income: $2255 Airbnb ROI: 9.94% Traditional ROI: 8.7%
409 Winnemac Street Park Forest, IL Welcome to this stunning 4-bedroom, 2-bath home with a detached 2-car garage. The large fa...	4 beds \| 2 baths \| 1,736 sq.ft.	$149,900	Airbnb cash on cash: 7.97% Traditional cash on cash: 8.55% Airbnb Rental Income: $3160 Traditional Rental Income: $2527 Airbnb ROI: 7.97% Traditional ROI: 8.55%
132 Monee Road Park Forest, IL Welcome to this inviting residence, perfectly situated in a nice neighborhood of Will Coun...	3 beds \| 3 baths \| 1,919 sq.ft.	$339,000	Airbnb cash on cash: 5.91% Traditional cash on cash: 4.7% Airbnb Rental Income: $3835 Traditional Rental Income: $2624 Airbnb ROI: 5.91% Traditional ROI: 4.7%
32 BRAEBURN Drive Park Forest, IL This unique home in coveted Thorncreek Estates offers the perfect blend of privacy and con...	3 beds \| 2 baths \| 2,900 sq.ft.	$339,900	Airbnb cash on cash: 3.68% Traditional cash on cash: 2.02% Airbnb Rental Income: $3835 Traditional Rental Income: $2477 Airbnb ROI: 3.68% Traditional ROI: 2.02%
346 OAKWOOD Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 5.22% Airbnb Rental Income: $3835 Traditional Rental Income: $2637 Airbnb ROI: 6.45% Traditional ROI: 5.22%
211 Mantua Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 5.48% Airbnb Rental Income: $3835 Traditional Rental Income: $2708 Airbnb ROI: 6.47% Traditional ROI: 5.48%
350 Orchard Drive Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.45% Traditional ROI: 4.97%
443 Springfield Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.45% Traditional ROI: 4.97%
3 Washington Court Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 7.8% Traditional cash on cash: 6.34% Airbnb Rental Income: $3835 Traditional Rental Income: $2567 Airbnb ROI: 7.8% Traditional ROI: 6.34%
309 Minocqua Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.45% Traditional ROI: 4.97%
368 Oswego Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.45% Traditional ROI: 4.97%
201 Miami Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.99% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.47% Traditional ROI: 4.99%
261 Rich Road Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.99% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.47% Traditional ROI: 4.99%
127 Peach Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.99% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.47% Traditional ROI: 4.99%
13 Oak Lane Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 5.02% Airbnb Rental Income: $3835 Traditional Rental Income: $2570 Airbnb ROI: 6.47% Traditional ROI: 5.02%
305 Seneca Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.45% Traditional ROI: 4.97%
209 Washington Street Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 2 baths \| 1,700 sq.ft.	$319,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.99% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 6.47% Traditional ROI: 4.99%
226 S Orchard Drive Park Forest, IL Very Nicely updated! As you enter, the custom wall and modern fireplace creates an invitin...	4 beds \| 2 baths \| 1,470 sq.ft.	$199,900	Airbnb cash on cash: 6.23% Traditional cash on cash: 5.76% Airbnb Rental Income: $3160 Traditional Rental Income: $2355 Airbnb ROI: 6.23% Traditional ROI: 5.76%
33 E Rocket Circle Park Forest, IL Proposed Construction!! Embarking on the journey of acquiring a brand-new home is a uniqu...	3 beds \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 8.63% Traditional cash on cash: 7.16% Airbnb Rental Income: $3835 Traditional Rental Income: $2563 Airbnb ROI: 8.63% Traditional ROI: 7.16%
425 Wildwood Drive Park Forest, IL Charming & Updated Single-Family Home in a Prime Location Welcome to your dream home!...	4 beds \| 2 baths \| 1,320 sq.ft.	$189,000	Airbnb cash on cash: 8.42% Traditional cash on cash: 7.28% Airbnb Rental Income: $3160 Traditional Rental Income: $2239 Airbnb ROI: 8.42% Traditional ROI: 7.28%
213 Westwood Drive Park Forest, IL Welcome to a lovely gem featuring a 3 bed 3 bath, in Park Forest. Walk into an open space ...	3 beds \| 3 baths \| 1,265 sq.ft.	$209,000	Airbnb cash on cash: 9.01% Traditional cash on cash: 5.04% Airbnb Rental Income: $3835 Traditional Rental Income: $2221 Airbnb ROI: 9.01% Traditional ROI: 5.04%
257 Miami Street Park Forest, IL The property is a raised ranch single family home with 5 bedrooms and 2 full bathrooms tha...	5 beds \| 2 baths \| 1,898 sq.ft.	$221,800	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 6.02%
337 Nassau Street Park Forest, IL This beautifully maintained 5-bedroom, 2.1-bath home is a fantastic opportunity for those ...	5 beds \| 3 baths \| 2,461 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.32% Airbnb Rental Income: $null Traditional Rental Income: $3239 Airbnb ROI: N/A Traditional ROI: 10.32%
318 Gentry Street Park Forest, IL Welcome home to this charming 3-bedroom, 1.5-bathroom residence in the heart of Park Fores...	3 beds \| 2 baths \| N/A	$229,900	Airbnb cash on cash: 9.15% Traditional cash on cash: 5.9% Airbnb Rental Income: $3835 Traditional Rental Income: $2300 Airbnb ROI: 9.15% Traditional ROI: 5.9%
335 Farragut Street Park Forest, IL Look in the dictionary under 'beautiful' for interior pictures of this thoroughly remodele...	3 beds \| 2 baths \| 1,188 sq.ft.	$229,873	Airbnb cash on cash: 8.35% Traditional cash on cash: 4.84% Airbnb Rental Income: $3835 Traditional Rental Income: $2245 Airbnb ROI: 8.35% Traditional ROI: 4.84%
330 Oakwood Street Park Forest, IL This spacious 2,000 square foot, 5-bedroom, 2 bath property will give you plenty of charac...	5 beds \| 2 baths \| 2,078 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.85% Airbnb Rental Income: $null Traditional Rental Income: $2840 Airbnb ROI: N/A Traditional ROI: 6.85%
412 Hamlin Street Park Forest, IL Welcome to this charming 4 bedroom, 2 bathroom home, with wood burning fireplace, new furn...	4 beds \| 2 baths \| 1,297 sq.ft.	$210,000	Airbnb cash on cash: 7.85% Traditional cash on cash: 7.45% Airbnb Rental Income: $3160 Traditional Rental Income: $2365 Airbnb ROI: 7.85% Traditional ROI: 7.45%
406 Winnemac Street Park Forest, IL Be in by Christmas....Spacious 4 BEDROOM FRAME CAPECOD WITH A FORMAL DINING ROOM, NEW HARD...	4 beds \| 2 baths \| 1,400 sq.ft.	$187,900	Airbnb cash on cash: 8.03% Traditional cash on cash: 7.96% Airbnb Rental Income: $3160 Traditional Rental Income: $2432 Airbnb ROI: 8.03% Traditional ROI: 7.96%
64 Marquette Street Park Forest, IL Remodeled gem!! Bright and fabulous 4 bedroom, 2 bath, single family home with a 2.5 car g...	4 beds \| 2 baths \| 1,689 sq.ft.	$235,000	Airbnb cash on cash: 6.71% Traditional cash on cash: 7.25% Airbnb Rental Income: $3160 Traditional Rental Income: $2564 Airbnb ROI: 6.71% Traditional ROI: 7.25%
309 Shabbona Drive Park Forest, IL New Year, new home? If that's on your to do list for 2025, come take a look! This spacious...	4 beds \| 2 baths \| 1,561 sq.ft.	$169,000	Airbnb cash on cash: 9.08% Traditional cash on cash: 9.87% Airbnb Rental Income: $3160 Traditional Rental Income: $2571 Airbnb ROI: 9.08% Traditional ROI: 9.87%

Real Estate investment in Park-forest, IL

There are 39 properties for sale in the city of Park Forest . The median list price in Park Forest is $160,000 and the average price per square foot is $108. In December 2024, the average monthly cash on cash return in Park Forest is 7.00%. The average monthly rental income in Park Forest is $2,251.

Park-forest, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 39 investment properties available for sale in Park-forest.

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

The ROI for Long-Term is higher than the Short-Term in Park-forest with average rental income of $2,251.

Your search for investment property begins and ends here

Investment Property for Sale in Park Forest, IL

314 Douglas Street

Park Forest, IL

4 beds | 2 baths | 1,701 sq.ft.

$138,000

Airbnb cash on cash: 9.92%

Traditional cash on cash: 10.21%

Airbnb Rental Income: $3160

Traditional Rental Income: $2482

Airbnb ROI: 9.92%

Traditional ROI: 10.21%

320 Merrimac Street

Park Forest, IL

4 beds | 2 baths | 1,516 sq.ft.

$219,900

Airbnb cash on cash: 5.07%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $3160

Traditional Rental Income: $2439

Airbnb ROI: 5.07%

Traditional ROI: 5.05%

209 Illinois Street

Park Forest, IL

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

$200,000

Airbnb cash on cash: 7.67%

Traditional cash on cash: 7.96%

Airbnb Rental Income: $3160

Traditional Rental Income: $2499

Airbnb ROI: 7.67%

Traditional ROI: 7.96%

333 Indianwood Boulevard

Park Forest, IL

4 beds | 1 baths | 1,180 sq.ft.

$155,000

Airbnb cash on cash: 9.36%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $3160

Traditional Rental Income: $1899

Airbnb ROI: 9.36%

Traditional ROI: 5.68%

240 Mantua Street

Park Forest, IL

3 beds | 1 baths | 1,241 sq.ft.

$219,900

Airbnb cash on cash: 8.75%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $3835

Traditional Rental Income: $2003

Airbnb ROI: 8.75%

Traditional ROI: 3.93%

197 Washington Street

Park Forest, IL

4 beds | 2 baths | 1,349 sq.ft.

$159,900

Airbnb cash on cash: 9.94%

Traditional cash on cash: 8.7%

Airbnb Rental Income: $3160

Traditional Rental Income: $2255

Airbnb ROI: 9.94%

Traditional ROI: 8.7%

409 Winnemac Street

Park Forest, IL

4 beds | 2 baths | 1,736 sq.ft.

$149,900

Airbnb cash on cash: 7.97%

Traditional cash on cash: 8.55%

Airbnb Rental Income: $3160

Traditional Rental Income: $2527

Airbnb ROI: 7.97%

Traditional ROI: 8.55%

132 Monee Road

Park Forest, IL

3 beds | 3 baths | 1,919 sq.ft.

$339,000

Airbnb cash on cash: 5.91%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $3835

Traditional Rental Income: $2624

Airbnb ROI: 5.91%