Real Estate Investment Properties for Sale in Skokie, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8451 Harding Avenue SKOKIE, IL GREAT POTENTIAL!! DO NOT MISS THIS CLASSIC SKOKIE RANCH STYLE HOME!!! 3 BEDROOMS, 2 FULL B...	3 beds \| 2 baths \| 1,414 sq.ft.	$439,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 2.16% Airbnb Rental Income: $3903 Traditional Rental Income: $2426 Airbnb ROI: 3.7% Traditional ROI: 2.16%
7610 Crawford Avenue #301A SKOKIE, IL BEAUTIFUL FULLY RENOVATED, IDEALLY LOCATED, 2 BEDROOM 1 BATH CONDO, ACROSS THE STREET FROM...	2 beds \| 1 baths \| 981 sq.ft.	$224,900	Airbnb cash on cash: 4.7% Traditional cash on cash: 3.17% Airbnb Rental Income: $2714 Traditional Rental Income: $1748 Airbnb ROI: 4.7% Traditional ROI: 3.17%
9617 Tripp Avenue SKOKIE, IL Most desirable Skokie Devonshire 4 bedroom 2 bath Excellent opportunity to own this spaci...	3 beds \| 3 baths \| 2,570 sq.ft.	$489,500	Airbnb cash on cash: 4.44% Traditional cash on cash: 4.76% Airbnb Rental Income: $3903 Traditional Rental Income: $3210 Airbnb ROI: 4.44% Traditional ROI: 4.76%
8109 E Prairie Road SKOKIE, IL Beautifully designed, custom luxury modern SMART single family home residence, on tree-lin...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,249,999	Airbnb cash on cash: 0.94% Traditional cash on cash: 0.94% Airbnb Rental Income: $6197 Traditional Rental Income: $4974 Airbnb ROI: 0.94% Traditional ROI: 0.94%
8115 E Prairie Road SKOKIE, IL Beautifully designed, custom luxury modern SMART single family home residence, on tree-lin...	5 beds \| 5 baths \| 4,500 sq.ft.	$1,199,999	Airbnb cash on cash: 1.12% Traditional cash on cash: 1.12% Airbnb Rental Income: $6197 Traditional Rental Income: $4974 Airbnb ROI: 1.12% Traditional ROI: 1.12%
9140 Keystone Avenue SKOKIE, IL Spacious and well-located, this 4-bedroom, 3-bathroom jumbo split-level home in the heart ...	4 beds \| 3 baths \| 2,589 sq.ft.	$699,000	Airbnb cash on cash: 4.25% Traditional cash on cash: 2.67% Airbnb Rental Income: $5495 Traditional Rental Income: $3355 Airbnb ROI: 4.25% Traditional ROI: 2.67%
8232 Niles Center Road #405 SKOKIE, IL This impeccably updated 1 bedroom, 1 bathroom condo, refreshed in 2023, welcomes you with ...	1 beds \| 1 baths \| 800 sq.ft.	$189,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 5.1% Airbnb Rental Income: $2183 Traditional Rental Income: $1584 Airbnb ROI: 5.36% Traditional ROI: 5.1%
9140 Skokie Boulevard #2W SKOKIE, IL Nestled in the vibrant heart of Skokie, this exquisite 1 bedroom, 1 bathroom condo was ful...	1 beds \| 1 baths \| N/A	$185,000	Airbnb cash on cash: 5.91% Traditional cash on cash: 5.33% Airbnb Rental Income: $2183 Traditional Rental Income: $1528 Airbnb ROI: 5.91% Traditional ROI: 5.33%
7433 N Kedvale Avenue SKOKIE, IL Start 2025 in your new home! This Quiet and Spacious tasteful 3-bedroom, 2 full bathroom b...	3 beds \| 2 baths \| 1,342 sq.ft.	$445,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 1.94% Airbnb Rental Income: $3903 Traditional Rental Income: $2223 Airbnb ROI: 3.96% Traditional ROI: 1.94%
5034 W Pratt Avenue SKOKIE, IL Location, Location!! Fairview School District Area!! This Meticulously Maintained, Two-st...	3 beds \| 2 baths \| 1,535 sq.ft.	$479,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 2.67% Airbnb Rental Income: $3903 Traditional Rental Income: $2521 Airbnb ROI: 3.88% Traditional ROI: 2.67%
5200 Oakton Street #106 SKOKIE, IL Welcome to the most unique and updated, 3 bedroom + large office/bonus room condo in all o...	3 beds \| 2 baths \| 1,598 sq.ft.	$484,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 1.96% Airbnb Rental Income: $3903 Traditional Rental Income: $2530 Airbnb ROI: 3.14% Traditional ROI: 1.96%
9225 Karlov Avenue SKOKIE, IL An amazing, lovely cape cod house in the desirable neighborhood of Devonshire highlands. T...	4 beds \| 4 baths \| 2,000 sq.ft.	$649,500	Airbnb cash on cash: 4.42% Traditional cash on cash: 3.02% Airbnb Rental Income: $5495 Traditional Rental Income: $3543 Airbnb ROI: 4.42% Traditional ROI: 3.02%
5019 Mulford Street #404 SKOKIE, IL Welcome to this beautifully updated 2 bedroom, 2 full bath condo featuring modern elegance...	2 beds \| 2 baths \| 1,300 sq.ft.	$312,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 3.65% Airbnb Rental Income: $2714 Traditional Rental Income: $2240 Airbnb ROI: 3.08% Traditional ROI: 3.65%
8447 Gross Point Road SKOKIE, IL Unbelievable transformation. Welcome to this stunning all newly updated ranch home with a ...	3 beds \| 2 baths \| 1,027 sq.ft.	$499,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 3.32% Airbnb Rental Income: $3903 Traditional Rental Income: $2196 Airbnb ROI: 5.18% Traditional ROI: 3.32%
5155 W Madison Street #307 SKOKIE, IL The ever popular Madison Place in downtown Skokie! IT'S A 2 FOR SALE! 2 bedrooms, 2 full...	2 beds \| 2 baths \| 1,327 sq.ft.	$339,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 1.89% Airbnb Rental Income: $2714 Traditional Rental Income: $2309 Airbnb ROI: 1.15% Traditional ROI: 1.89%
9409 N Lockwood Avenue SKOKIE, IL Available immediately! Wonderfully cared for and Expanded ranch a short walk from renowne...	3 beds \| 2 baths \| 1,500 sq.ft.	$429,000	Airbnb cash on cash: 5% Traditional cash on cash: 3.27% Airbnb Rental Income: $3903 Traditional Rental Income: $2369 Airbnb ROI: 5% Traditional ROI: 3.27%
8031 Kenton Avenue #1S SKOKIE, IL This large, light-filled 2-bedroom condo is the epitome of modern living in the heart of D...	2 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 3.13% Airbnb Rental Income: $2714 Traditional Rental Income: $1716 Airbnb ROI: 4.81% Traditional ROI: 3.13%
3913 Birchwood Avenue SKOKIE, IL Spacious 4-Bedroom, 4-Bathroom Home with 2 Master Suites and Modern Upgrades! This stun...	4 beds \| 4 baths \| 2,889 sq.ft.	$599,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 3.96% Airbnb Rental Income: $5495 Traditional Rental Income: $3866 Airbnb ROI: 4.9% Traditional ROI: 3.96%
5244 Wright Terrace SKOKIE, IL Amazing split-level home in the heart of Skokie! Featuring 3 spacious bedrooms, 2.5 baths,...	3 beds \| 3 baths \| 1,471 sq.ft.	$425,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 3.08% Airbnb Rental Income: $3903 Traditional Rental Income: $2715 Airbnb ROI: 3.95% Traditional ROI: 3.08%
8203 NILES CENTER Road #3B SKOKIE, IL Welcome to this charming 2-bedroom, 1.5-bathroom condo located in the heart of Skokie! Thi...	2 beds \| 2 baths \| 1,200 sq.ft.	$229,900	Airbnb cash on cash: 4.03% Traditional cash on cash: 4.1% Airbnb Rental Income: $2714 Traditional Rental Income: $2087 Airbnb ROI: 4.03% Traditional ROI: 4.1%
5200 Galitz Street #205 SKOKIE, IL Extra Large 3 bedroom-2 bath Condo situated on a quiet Downtown Skokie street. This beaut...	3 beds \| 2 baths \| 1,200 sq.ft.	$329,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 2.95% Airbnb Rental Income: $3903 Traditional Rental Income: $2234 Airbnb ROI: 5.64% Traditional ROI: 2.95%
5155 Madison Street #308 SKOKIE, IL Charming 2-bedroom, 1-bathroom condo just a short walk from downtown Skokie and close to t...	2 beds \| 1 baths \| 1,098 sq.ft.	$299,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 2.21% Airbnb Rental Income: $2714 Traditional Rental Income: $2068 Airbnb ROI: 2.23% Traditional ROI: 2.21%
5148 Coyle Avenue SKOKIE, IL A wonderful 3 bed-2 bath home in Fairview South School. This home features many updates t...	3 beds \| 2 baths \| 1,225 sq.ft.	$585,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 1.65% Airbnb Rental Income: $3903 Traditional Rental Income: $2397 Airbnb ROI: 2.87% Traditional ROI: 1.65%
9536 Tripp Avenue SKOKIE, IL ORIGINAL OWNER HOME HAS BEEN WELL CARED FOR. JUST PAINTED, BEDROOMS HAD HARDWOOD FLOORS RE...	3 beds \| 2 baths \| 1,328 sq.ft.	$380,000	Airbnb cash on cash: 5.37% Traditional cash on cash: 3.28% Airbnb Rental Income: $3903 Traditional Rental Income: $2320 Airbnb ROI: 5.37% Traditional ROI: 3.28%
8521 Lawndale Avenue SKOKIE, IL Excellent opportunity to own this sun drenched spacious ranch in district 73.5. on a extr...	3 beds \| 2 baths \| 2,600 sq.ft.	$589,999	Airbnb cash on cash: 2.85% Traditional cash on cash: 2.34% Airbnb Rental Income: $3903 Traditional Rental Income: $2786 Airbnb ROI: 2.85% Traditional ROI: 2.34%
5226 Wright Terrace SKOKIE, IL **** WELCOME HOME!!!!! *** MOVE RIGHT IN to your BRICK RANCH with approximately 2,048 ...	2 beds \| 2 baths \| 2,048 sq.ft.	$439,888	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.05% Airbnb Rental Income: $2714 Traditional Rental Income: $2627 Airbnb ROI: 1.7% Traditional ROI: 3.05%
9100 Lamon Avenue #2N SKOKIE, IL Welcome to this beautifully updated 2-bedroom, 2-bathroom condo in the heart of Skokie! Hu...	2 beds \| 2 baths \| N/A	$224,900	Airbnb cash on cash: 5.12% Traditional cash on cash: 5.23% Airbnb Rental Income: $2714 Traditional Rental Income: $2096 Airbnb ROI: 5.12% Traditional ROI: 5.23%
3842 Howard Street SKOKIE, IL Charming and well-maintained ranch home located at 3842 Howard St in Skokie! This cozy 2-b...	2 beds \| 1 baths \| 921 sq.ft.	$349,995	Airbnb cash on cash: 2.5% Traditional cash on cash: 2.02% Airbnb Rental Income: $2714 Traditional Rental Income: $1916 Airbnb ROI: 2.5% Traditional ROI: 2.02%

Real Estate investment in Skokie, IL

There are 48 properties for sale in the city of Skokie . The median list price in Skokie is $429,000 and the average price per square foot is $250. In November 2024, the average monthly cash on cash return in Skokie is 3.00%. The average monthly rental income in Skokie is $2,397.

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

There are 48 investment properties available for sale in Skokie.

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

The ROI for Short-Term is higher than the Long-Term in Skokie with average rental income of $3,903.

Your search for investment property begins and ends here

Investment Property for Sale in Skokie, IL

8451 Harding Avenue

SKOKIE, IL

3 beds | 2 baths | 1,414 sq.ft.

$439,900

Airbnb cash on cash: 3.7%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $3903

Traditional Rental Income: $2426

Airbnb ROI: 3.7%

Traditional ROI: 2.16%

7610 Crawford Avenue #301A

SKOKIE, IL

2 beds | 1 baths | 981 sq.ft.

$224,900

Airbnb cash on cash: 4.7%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $2714

Traditional Rental Income: $1748

Airbnb ROI: 4.7%

Traditional ROI: 3.17%

9617 Tripp Avenue

SKOKIE, IL

3 beds | 3 baths | 2,570 sq.ft.

$489,500

Airbnb cash on cash: 4.44%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $3903

Traditional Rental Income: $3210

Airbnb ROI: 4.44%

Traditional ROI: 4.76%

8109 E Prairie Road

SKOKIE, IL

5 beds | 5 baths | 4,500 sq.ft.

$1,249,999

Airbnb cash on cash: 0.94%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $6197

Traditional Rental Income: $4974

Airbnb ROI: 0.94%

Traditional ROI: 0.94%

8115 E Prairie Road

SKOKIE, IL

5 beds | 5 baths | 4,500 sq.ft.

$1,199,999

Airbnb cash on cash: 1.12%

Traditional cash on cash: 1.12%

Airbnb Rental Income: $6197

Traditional Rental Income: $4974

Airbnb ROI: 1.12%

Traditional ROI: 1.12%

9140 Keystone Avenue

SKOKIE, IL

4 beds | 3 baths | 2,589 sq.ft.

$699,000

Airbnb cash on cash: 4.25%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $5495

Traditional Rental Income: $3355

Airbnb ROI: 4.25%

Traditional ROI: 2.67%

8232 Niles Center Road #405

SKOKIE, IL

1 beds | 1 baths | 800 sq.ft.

$189,000

Airbnb cash on cash: 5.36%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $2183

Traditional Rental Income: $1584

Airbnb ROI: 5.36%

Traditional ROI: 5.1%

9140 Skokie Boulevard #2W

SKOKIE, IL

1 beds | 1 baths | N/A

$185,000

Airbnb cash on cash: 5.91%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $2183

Traditional Rental Income: $1528

Airbnb ROI: 5.91%