Real Estate Investments for Sale in Park Forest, IL With High ROI

Are you looking for a vacation rental in Park Forest, IL? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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: 9.35% Airbnb Rental Income: $3160 Traditional Rental Income: $2368 Airbnb ROI: 9.92% Traditional ROI: 9.35%
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.	$180,000	Airbnb cash on cash: 7.96% Traditional cash on cash: 5.02% Airbnb Rental Income: $3160 Traditional Rental Income: $1941 Airbnb ROI: 7.96% Traditional ROI: 5.02%
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: 8.55% Airbnb Rental Income: $3160 Traditional Rental Income: $2364 Airbnb ROI: 9.03% Traditional ROI: 8.55%
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: 5.36% Airbnb Rental Income: $3160 Traditional Rental Income: $2188 Airbnb ROI: 6.94% Traditional ROI: 5.36%
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: 5.32% Airbnb Rental Income: $3835 Traditional Rental Income: $2820 Airbnb ROI: 5.91% Traditional ROI: 5.32%
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.	$234,700	Airbnb cash on cash: 7.23% Traditional cash on cash: 4.2% Airbnb Rental Income: $3835 Traditional Rental Income: $2333 Airbnb ROI: 7.23% Traditional ROI: 4.2%
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.	$299,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 1.6% Airbnb Rental Income: $3835 Traditional Rental Income: $2245 Airbnb ROI: 4.31% Traditional ROI: 1.6%
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: 5.18% Airbnb Rental Income: $3835 Traditional Rental Income: $2627 Airbnb ROI: 6.45% Traditional ROI: 5.18%
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: 5.34% Airbnb Rental Income: $3835 Traditional Rental Income: $2674 Airbnb ROI: 6.45% Traditional ROI: 5.34%
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: 4.8% Airbnb Rental Income: $3835 Traditional Rental Income: $2513 Airbnb ROI: 6.45% Traditional ROI: 4.8%
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: 4.82% Airbnb Rental Income: $3835 Traditional Rental Income: $2518 Airbnb ROI: 6.45% Traditional ROI: 4.82%
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: 5.61% Airbnb Rental Income: $3835 Traditional Rental Income: $2504 Airbnb ROI: 7.28% Traditional ROI: 5.61%
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: 4.77% Airbnb Rental Income: $3835 Traditional Rental Income: $2504 Airbnb ROI: 6.45% Traditional ROI: 4.77%
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: 4.82% Airbnb Rental Income: $3835 Traditional Rental Income: $2517 Airbnb ROI: 6.45% Traditional ROI: 4.82%
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: 4.81% Airbnb Rental Income: $3835 Traditional Rental Income: $2516 Airbnb ROI: 6.45% Traditional ROI: 4.81%
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: 4.77% Airbnb Rental Income: $3835 Traditional Rental Income: $2504 Airbnb ROI: 6.45% Traditional ROI: 4.77%
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: 4.82% Airbnb Rental Income: $3835 Traditional Rental Income: $2517 Airbnb ROI: 6.45% Traditional ROI: 4.82%
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: 4.94% Airbnb Rental Income: $3835 Traditional Rental Income: $2553 Airbnb ROI: 6.45% Traditional ROI: 4.94%
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: 4.8% Airbnb Rental Income: $3835 Traditional Rental Income: $2513 Airbnb ROI: 6.45% Traditional ROI: 4.8%
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: 4.82% Airbnb Rental Income: $3835 Traditional Rental Income: $2517 Airbnb ROI: 6.45% Traditional ROI: 4.82%
226 S Orchard Drive Park Forest, IL Fresh, updated and in a wonderful location. As you enter, the custom wall and modern firep...	4 beds \| 2 baths \| 1,470 sq.ft.	$204,900	Airbnb cash on cash: 6.06% Traditional cash on cash: 6.29% Airbnb Rental Income: $3160 Traditional Rental Income: $2491 Airbnb ROI: 6.06% Traditional ROI: 6.29%
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%
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: 7.85% Airbnb Rental Income: $3835 Traditional Rental Income: $2771 Airbnb ROI: 8.63% Traditional ROI: 7.85%
332 NOKOMIS Street Park Forest, IL This 2-bedroom, 1-bathroom single-family home was previously rented for 1,400 per month. W...	2 beds \| 1 baths \| 938 sq.ft.	$124,900	Airbnb cash on cash: 9.32% Traditional cash on cash: 3.72% Airbnb Rental Income: $2807 Traditional Rental Income: $1477 Airbnb ROI: 9.32% Traditional ROI: 3.72%
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: 7.78% Airbnb Rental Income: $3160 Traditional Rental Income: $2330 Airbnb ROI: 8.42% Traditional ROI: 7.78%
247 Minocqua Street Park Forest, IL Check out this great starter home with 2 bed 1 bath with modern finishes located on a corn...	2 beds \| 1 baths \| 949 sq.ft.	$134,900	Airbnb cash on cash: 8.6% Traditional cash on cash: 5.05% Airbnb Rental Income: $2807 Traditional Rental Income: $1690 Airbnb ROI: 8.6% Traditional ROI: 5.05%
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.	$219,000	Airbnb cash on cash: 8.56% Traditional cash on cash: 6.28% Airbnb Rental Income: $3835 Traditional Rental Income: $2533 Airbnb ROI: 8.56% Traditional ROI: 6.28%

Real Estate investment in Park-forest, IL

There are 34 properties for sale in the city of Park Forest . The median list price in Park Forest is $150,000 and the average price per square foot is $105. In October 2024, the average monthly cash on cash return in Park Forest is 7.00%. The average monthly rental income in Park Forest is $2,215.

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

There are 34 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 $2,215.

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: 9.35%

Airbnb Rental Income: $3160

Traditional Rental Income: $2368

Airbnb ROI: 9.92%

Traditional ROI: 9.35%

333 Indianwood Boulevard

Park Forest, IL

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

$180,000

Airbnb cash on cash: 7.96%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $3160

Traditional Rental Income: $1941

Airbnb ROI: 7.96%

Traditional ROI: 5.02%

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: 8.55%

Airbnb Rental Income: $3160

Traditional Rental Income: $2364

Airbnb ROI: 9.03%

Traditional ROI: 8.55%

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: 5.36%

Airbnb Rental Income: $3160

Traditional Rental Income: $2188

Airbnb ROI: 6.94%

Traditional ROI: 5.36%

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: 5.32%

Airbnb Rental Income: $3835

Traditional Rental Income: $2820

Airbnb ROI: 5.91%

Traditional ROI: 5.32%

518 Antietam Street

Park Forest, IL

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

$234,700

Airbnb cash on cash: 7.23%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $3835

Traditional Rental Income: $2333

Airbnb ROI: 7.23%

Traditional ROI: 4.2%

32 BRAEBURN Drive

Park Forest, IL

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

$299,000

Airbnb cash on cash: 4.31%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $3835

Traditional Rental Income: $2245

Airbnb ROI: 4.31%

Traditional ROI: 1.6%

346 OAKWOOD Street

Park Forest, IL

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

$319,900

Airbnb cash on cash: 6.45%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $3835

Traditional Rental Income: $2627

Airbnb ROI: 6.45%