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%
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.	$174,900	Airbnb cash on cash: 9.03% Traditional cash on cash: 7.89% Airbnb Rental Income: $3160 Traditional Rental Income: $2255 Airbnb ROI: 9.03% Traditional ROI: 7.89%
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.	$169,900	Airbnb cash on cash: 6.94% Traditional cash on cash: 7.45% Airbnb Rental Income: $3160 Traditional Rental Income: $2527 Airbnb ROI: 6.94% Traditional ROI: 7.45%
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%
518 Antietam Street Park Forest, IL Please note that the property taxes do NOT reflect a homeowner exemption of roughly $3600 ...	3 beds \| 2 baths \| 1,800 sq.ft.	$229,700	Airbnb cash on cash: 7.41% Traditional cash on cash: 5.37% Airbnb Rental Income: $3835 Traditional Rental Income: $2565 Airbnb ROI: 7.41% Traditional ROI: 5.37%
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 \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 5.45% Airbnb Rental Income: $3835 Traditional Rental Income: $2708 Airbnb ROI: 6.45% Traditional ROI: 5.45%
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 \| 3 baths \| 1,919 sq.ft.	$319,900	Airbnb cash on cash: 7.28% Traditional cash on cash: 5.82% Airbnb Rental Income: $3835 Traditional Rental Income: $2567 Airbnb ROI: 7.28% Traditional ROI: 5.82%
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 \| 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%
261 Rich Road 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%
127 Peach 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%
13 Oak Lane 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: 4.99% Airbnb Rental Income: $3835 Traditional Rental Income: $2570 Airbnb ROI: 6.45% Traditional ROI: 4.99%
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 \| 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%
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.	$200,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 5.75% Airbnb Rental Income: $3160 Traditional Rental Income: $2355 Airbnb ROI: 6.22% Traditional ROI: 5.75%
319 Minocqua Street Park Forest, IL View this Park Forest home featuring five bedrooms, two and a half baths, with hardwood fl...	5 beds \| 3 baths \| 1,898 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $2951 Airbnb ROI: N/A Traditional ROI: 9.22%
306 SIOUX Street Park Forest, IL SELLER WILL CONTRIBUTE 5K TOWARDS CLOSING COST Welcome to this charming two-story home, pe...	5 beds \| 3 baths \| 2,247 sq.ft.	$244,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $3133 Airbnb ROI: N/A Traditional ROI: 7.18%
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%
155 Shabbona Drive Park Forest, IL Great value on this updated & expanded ranch home in Monee school district 201U! Total of ...	4 beds \| 2 baths \| 1,840 sq.ft.	$165,000	Airbnb cash on cash: 9.95% Traditional cash on cash: 9.35% Airbnb Rental Income: $3160 Traditional Rental Income: $2351 Airbnb ROI: 9.95% Traditional ROI: 9.35%
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%
406 N Orchard Drive Park Forest, IL Fully remodeled and move in ready! Luxury vinyl plank flooring flows form the entry to th...	3 beds \| 2 baths \| 1,457 sq.ft.	$209,000	Airbnb cash on cash: 9.91% Traditional cash on cash: 6.07% Airbnb Rental Income: $3835 Traditional Rental Income: $2247 Airbnb ROI: 9.91% Traditional ROI: 6.07%
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.	$237,300	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 5.57%
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%
324 Jackson Street Park Forest, IL Don't miss out and schedule your showing today! Nothing to do but move right in. Roof and ...	4 beds \| 3 baths \| 1,458 sq.ft.	$209,000	Airbnb cash on cash: 6.87% Traditional cash on cash: 7.48% Airbnb Rental Income: $3160 Traditional Rental Income: $2566 Airbnb ROI: 6.87% Traditional ROI: 7.48%
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	$239,900	Airbnb cash on cash: 8.74% Traditional cash on cash: 5.62% Airbnb Rental Income: $3835 Traditional Rental Income: $2300 Airbnb ROI: 8.74% Traditional ROI: 5.62%

Real Estate investment in Park-forest, IL

There are 38 properties for sale in the city of Park Forest . The median list price in Park Forest is $159,900 and the average price per square foot is $108. In November 2024, the average monthly cash on cash return in Park Forest is 7.00%. The average monthly rental income in Park Forest is $2,227.

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

There are 38 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 $2,227.

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%

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.

$174,900

Airbnb cash on cash: 9.03%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $3160

Traditional Rental Income: $2255

Airbnb ROI: 9.03%

Traditional ROI: 7.89%

409 Winnemac Street

Park Forest, IL

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

$169,900

Airbnb cash on cash: 6.94%

Traditional cash on cash: 7.45%

Airbnb Rental Income: $3160

Traditional Rental Income: $2527

Airbnb ROI: 6.94%

Traditional ROI: 7.45%

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%

Traditional ROI: 4.7%

518 Antietam Street

Park Forest, IL

3 beds | 2 baths | 1,800 sq.ft.

$229,700

Airbnb cash on cash: 7.41%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $3835

Traditional Rental Income: $2565

Airbnb ROI: 7.41%

Traditional ROI: 5.37%

32 BRAEBURN Drive

Park Forest, IL

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%