Chicago Investment Analysis

Investment Property in Chicago, IL

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Chicago, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$408,789

Median

1,787

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

14,259

Investment

24,294

Airbnb

5,320

Traditional

26%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

5,923

Number of homes sold

51

Median days on market

100%

Average sale-to-list price ratio

14%

Percentage of listings with price drops

14,259

Active listings count

8,990

New listings count

3.6

Months of supply

Chicago, IL Properties Rental Prices

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Investment Properties for Sale in Chicago, IL

Investment Properties for Sale
$52,500
MLS 12222566
West Woodlawn
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 9.49% Airbnb 10.88%
Investment Properties for Sale
$195,000
MLS 12635384
West Garfield Park
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 9.82% Airbnb 10.05%
Investment Properties for Sale
$130,000
MLS 12619684
South Shore
Single Family Residential
4 beds 1 baths 1,564 sq.ft.
CAP RATE Trad. 7.38% Airbnb 10.15%
Investment Properties for Sale
$189,900
MLS 12661985
West Garfield Park
Other
7 beds 4 baths N/A sq.ft.
CAP RATE Trad. 10.57% Airbnb 9.93%
Investment Properties for Sale
$269,999
MLS 12624640
Beverly View
Single Family Residential
7 beds 3 baths 2,136 sq.ft.
CAP RATE Trad. 6.94% Airbnb 9.71%
Investment Properties for Sale
$245,000
MLS 12606045
Little Village
Other
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 12.21% Airbnb 9.64%
Investment Properties for Sale
$329,000
MLS 12655312
Cragin
Other
5 beds 3 baths N/A sq.ft.
CAP RATE Trad. 3.56% Airbnb 9.56%
Investment Properties for Sale
$75,000
MLS 12555370
Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 7.76% Airbnb 10.05%

Single Family Houses for Sale in Chicago, IL

Investment Properties for Sale
$130,000
MLS 12619684
South Shore
Single Family Residential
4 beds 1 baths 1,564 sq.ft.
CAP RATE Trad. 7.38% Airbnb 10.15%
Investment Properties for Sale
$269,999
MLS 12624640
Beverly View
Single Family Residential
7 beds 3 baths 2,136 sq.ft.
CAP RATE Trad. 6.94% Airbnb 9.71%
Investment Properties for Sale
$100,000
MLS 12663252
Back of the Yards
Single Family Residential
3 beds 2 baths 672 sq.ft.
CAP RATE Trad. 11.01% Airbnb 8.93%
Investment Properties for Sale
$118,000
MLS 12536320
West Woodlawn
Single Family Residential
4 beds 3 baths 1,300 sq.ft.
CAP RATE Trad. 11.46% Airbnb 8.68%
Investment Properties for Sale
$125,000
MLS 12573298
Longwood Manor
Single Family Residential
2 beds 1 baths 960 sq.ft.
CAP RATE Trad. 6.48% Airbnb 8.59%
Investment Properties for Sale
$284,900
MLS 12643731
The Bush
Single Family Residential
5 beds 2 baths 1,040 sq.ft.
CAP RATE Trad. 2.06% Airbnb 8.25%
Investment Properties for Sale
$285,000
MLS 12667514
West Chatham
Single Family Residential
5 beds 2 baths 1,056 sq.ft.
CAP RATE Trad. 7.13% Airbnb 7.85%
Investment Properties for Sale
$72,000
MLS 12570919
Eden Green
Single Family Residential
3 beds 1 baths 736 sq.ft.
CAP RATE Trad. 12.63% Airbnb 8.12%

Multi Family Houses for sale in Chicago, IL

Investment Properties for Sale
$195,000
MLS 12635384
West Garfield Park
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 9.82% Airbnb 10.05%
Investment Properties for Sale
$250,000
MLS 12632355
Gresham
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 7.83% Airbnb 9.33%
Investment Properties for Sale
$80,000
MLS mredcs12573524
Washington Park
Multi Family
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 5.46% Airbnb 9.30%
Investment Properties for Sale
$309,000
MLS 12631374
Humboldt Park
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 4.77% Airbnb 8.27%
Investment Properties for Sale
$159,000
MLS 12635175
East Garfield Park
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 11.18% Airbnb 8.27%
Investment Properties for Sale
$279,999
MLS 12607387
Gresham
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 5.99% Airbnb 8.15%
Investment Properties for Sale
$399,999
MLS 12564543
Homan Square
Multi Family
8 beds 2 baths N/A sq.ft.
CAP RATE Trad. 5.00% Airbnb 7.91%
Investment Properties for Sale
$260,000
MLS mredcs12535821
West Garfield Park
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.17% Airbnb 7.94%

Condos for Sale in Chicago, IL

Investment Properties for Sale
$180,000
MLS 2116272888208399761
Park West
Condo/Coop
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 8.67% Airbnb 8.18%
Investment Properties for Sale
$175,000
MLS 12673641
Park West
Condo/Coop
N/A beds 1 baths 500 sq.ft.
CAP RATE Trad. -0.97% Airbnb 7.56%
Investment Properties for Sale
$59,900
MLS 12648861
East Chatham
Condo/Coop
2 beds 1 baths 975 sq.ft.
CAP RATE Trad. 11.55% Airbnb 7.94%
Investment Properties for Sale
$180,000
MLS 12633141
Park West
Condo/Coop
N/A beds 1 baths 525 sq.ft.
CAP RATE Trad. -0.99% Airbnb 7.00%
Investment Properties for Sale
$195,000
MLS 12606014
Park West
Condo/Coop
N/A beds 1 baths N/A sq.ft.
CAP RATE Trad. -0.97% Airbnb 6.49%
Investment Properties for Sale
$185,000
MLS mredcs12668291
Park West
Condo/Coop
N/A beds 1 baths 525 sq.ft.
CAP RATE Trad. -0.88% Airbnb 6.47%
Investment Properties for Sale
$179,999
MLS 12635943
Bowmanville
Condo/Coop
3 beds 1 baths 1,200 sq.ft.
CAP RATE Trad. 7.54% Airbnb 6.36%
Investment Properties for Sale
$144,900
MLS 12603810
Rogers Park
Condo/Coop
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 5.93% Airbnb 5.97%

Townhouses for Sale in Chicago, IL

Investment Properties for Sale
$103,500
MLS 12619404
Avalon Park
Townhouse
2 beds 2 baths 1,008 sq.ft.
CAP RATE Trad. 10.45% Airbnb 8.81%
Investment Properties for Sale
$99,999
MLS 12656748
Rosemoor
Townhouse
2 beds 1 baths 864 sq.ft.
CAP RATE Trad. 9.54% Airbnb 7.83%
Investment Properties for Sale
$139,000
MLS 12578870
Morgan Park
Townhouse
2 beds 1 baths 500 sq.ft.
CAP RATE Trad. 5.44% Airbnb 6.78%
Investment Properties for Sale
$89,900
MLS 12669419
Rosemoor
Townhouse
3 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 11.79% Airbnb 6.40%
Investment Properties for Sale
$110,000
MLS 12663219
Pill Hill
Townhouse
2 beds 1 baths 956 sq.ft.
CAP RATE Trad. 12.30% Airbnb 6.00%
Investment Properties for Sale
$175,000
MLS 12655553
Homan Square
Townhouse
3 beds 2 baths 1,500 sq.ft.
CAP RATE Trad. 11.86% Airbnb 5.36%
Investment Properties for Sale
$99,000
MLS 12658623
Grand Crossing
Townhouse
2 beds 1 baths 960 sq.ft.
CAP RATE Trad. 9.84% Airbnb 5.22%
Investment Properties for Sale
$104,900
MLS 12615289
East Chatham
Townhouse
3 beds 2 baths 1,224 sq.ft.
CAP RATE Trad. 11.93% Airbnb 5.15%

Top Chicago, IL Neighborhoods - Real Estate Market Analysis

Englewood
PROPERTY PRICE

$339,000

Median for city
CAP RATE

8.64%

Traditional

10.14%

Airbnb
RENTAL INCOME

$ 1,066

Traditional

$ 1,858

Airbnb

42%

Airbnb occupancy rate
Fuller Park
PROPERTY PRICE

$339,000

Median for city
CAP RATE

9.89%

Traditional

14.16%

Airbnb
RENTAL INCOME

$ 1,076

Traditional

$ 2,304

Airbnb

45%

Airbnb occupancy rate
The Island
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.97%

Traditional

10.54%

Airbnb
RENTAL INCOME

$ 1,249

Traditional

$ 2,714

Airbnb

53%

Airbnb occupancy rate
Winneconna Parkway
PROPERTY PRICE

$339,000

Median for city
CAP RATE

10.32%

Traditional

11.01%

Airbnb
RENTAL INCOME

$ 1,165

Traditional

$ 1,948

Airbnb

41%

Airbnb occupancy rate
South Austin
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.33%

Traditional

8.16%

Airbnb
RENTAL INCOME

$ 1,109

Traditional

$ 2,771

Airbnb

47%

Airbnb occupancy rate
Archer Heights
PROPERTY PRICE

$339,000

Median for city
CAP RATE

6.89%

Traditional

4.32%

Airbnb
RENTAL INCOME

$ 1,320

Traditional

$ 1,674

Airbnb

50%

Airbnb occupancy rate
Douglas Park
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.21%

Traditional

5.24%

Airbnb
RENTAL INCOME

$ 1,196

Traditional

$ 2,430

Airbnb

50%

Airbnb occupancy rate
South Chicago
PROPERTY PRICE

$339,000

Median for city
CAP RATE

7.36%

Traditional

8.04%

Airbnb
RENTAL INCOME

$ 1,109

Traditional

$ 1,321

Airbnb

33%

Airbnb occupancy rate
Grand Crossing
PROPERTY PRICE

$339,000

Median for city
CAP RATE

6.07%

Traditional

8.71%

Airbnb
RENTAL INCOME

$ 1,099

Traditional

$ 2,053

Airbnb

50%

Airbnb occupancy rate
Pullman
PROPERTY PRICE

$339,000

Median for city
CAP RATE

8.75%

Traditional

6.94%

Airbnb
RENTAL INCOME

$ 1,229

Traditional

$ 1,587

Airbnb

53%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Chicago, IL

Polk Street Coach House Apartment, Little Italy/Medical Dist
$153 per night Airbnb occupancy rate 68%
Entire guesthouse 2 · 1 · 6
Rental Income: $3,188 per month
4.99
934
2bd/2bath Urban Loft w/ 2 pkg spots 1 blk to train
$238 per night Airbnb occupancy rate 56%
Loft 2 · 2 · 4
Rental Income: $4,026 per month
4.89
870
Explore Chicago from an Urban Sanctuary with Free Parking
$156 per night Airbnb occupancy rate 50%
Apartment null · 1 · 2
Rental Income: $2,392 per month
4.92
770
Rockin' 2Bed steps to shops/food/train
$153 per night Airbnb occupancy rate 66%
Apartment 2 · 1 · 4
Rental Income: $3,060 per month
4.87
759
Best in Chicago, private, amazing garden space
$276 per night Airbnb occupancy rate 39%
Apartment 2 · 1 · 5
Rental Income: $3,243 per month
4.95
741
Urban Comfort in the Heart of Chicago
$143 per night Airbnb occupancy rate 29%
Condominium 1 · 1 · 3
Rental Income: $1,275 per month
4.99
698
Pilsen Garden Efficiency Studio
$99 per night Airbnb occupancy rate 53%
Apartment 1 · 1 · 2
Rental Income: $1,601 per month
4.78
697
Walk to Lake Michigan From a Contemporary Uptown Haven
$114 per night Airbnb occupancy rate 62%
Apartment 1 · 1 · 2
Rental Income: $2,166 per month
4.84
675

Real Estate Investment Analysis - Other Cities in illinois

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Springfield $269,900 7% 2% $2,194 $1,454 978 30%
Rockford $208,250 8% 3% $1,868 $1,681 310 23%
Midlothian $452,190 6% 1% $2,321 $1,500 202 25%
Park Forest $156,000 7% 1% $2,041 $1,580 95 20%
View all illinois cities
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