Chicago Investment Analysis

Investment Property in Chicago, IL

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Chicago, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$419,749

Median

1,725

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

15,478

Investment

33,777

Airbnb

5,320

Traditional

30%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

7,136

Number of homes sold

47

Median days on market

100%

Average sale-to-list price ratio

14%

Percentage of listings with price drops

15,478

Active listings count

9,714

New listings count

3.1

Months of supply

Chicago, IL Properties Rental Prices

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Investment Properties for Sale in Chicago, IL

Investment Properties for Sale
$215,000
MLS 12645755
West Englewood
Other
5 beds 2 baths 3,720 sq.ft.
CAP RATE Trad. 9.36% Airbnb 10.15%
Investment Properties for Sale
$415,000
MLS 12586544
Homan Square
Single Family Residential
5 beds 3 baths 2,400 sq.ft.
CAP RATE Trad. 3.05% Airbnb 10.01%
Investment Properties for Sale
$69,000
MLS 12686935
Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 10.18% Airbnb 10.60%
Investment Properties for Sale
$374,900
MLS 12695323
Fifth City
Multi Family
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 6.22% Airbnb 10.01%
Investment Properties for Sale
$109,000
MLS 12678434
West Englewood
Single Family Residential
3 beds 2 baths 1,018 sq.ft.
CAP RATE Trad. 11.81% Airbnb 10.25%
Investment Properties for Sale
$130,000
MLS 12726419
Back of the Yards
Single Family Residential
3 beds 2 baths 966 sq.ft.
CAP RATE Trad. 10.76% Airbnb 10.17%
Investment Properties for Sale
$69,900
MLS 12722362
Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 10.08% Airbnb 10.43%
Investment Properties for Sale
$200,000
MLS 12721508
Archer Heights
Multi Family
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 10.67% Airbnb 9.98%

Single Family Houses for Sale in Chicago, IL

Investment Properties for Sale
$415,000
MLS 12586544
Homan Square
Single Family Residential
5 beds 3 baths 2,400 sq.ft.
CAP RATE Trad. 3.05% Airbnb 10.01%
Investment Properties for Sale
$109,000
MLS 12678434
West Englewood
Single Family Residential
3 beds 2 baths 1,018 sq.ft.
CAP RATE Trad. 11.81% Airbnb 10.25%
Investment Properties for Sale
$130,000
MLS 12726419
Back of the Yards
Single Family Residential
3 beds 2 baths 966 sq.ft.
CAP RATE Trad. 10.76% Airbnb 10.17%
Investment Properties for Sale
$245,000
MLS 12710306
West Pullman
Single Family Residential
5 beds 3 baths 1,130 sq.ft.
CAP RATE Trad. 9.21% Airbnb 9.81%
Investment Properties for Sale
$160,000
MLS 12600884
Winneconna Parkway
Single Family Residential
5 beds 1 baths 2,240 sq.ft.
CAP RATE Trad. 8.12% Airbnb 9.92%
Investment Properties for Sale
$229,900
MLS 12696499
Pullman
Single Family Residential
6 beds 3 baths 2,500 sq.ft.
CAP RATE Trad. 9.73% Airbnb 9.76%
Investment Properties for Sale
$159,000
MLS 12715987
Jackson Park Highlands
Single Family Residential
4 beds 2 baths 1,660 sq.ft.
CAP RATE Trad. 10.14% Airbnb 9.81%
Investment Properties for Sale
$204,950
MLS 12711255
North Austin
Single Family Residential
4 beds 2 baths 2,532 sq.ft.
CAP RATE Trad. 9.53% Airbnb 9.53%

Multi Family Houses for sale in Chicago, IL

Investment Properties for Sale
$374,900
MLS 12695323
Fifth City
Multi Family
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 6.22% Airbnb 10.01%
Investment Properties for Sale
$200,000
MLS 12721508
Archer Heights
Multi Family
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 10.67% Airbnb 9.98%
Investment Properties for Sale
$295,000
MLS 12723258
East Garfield Park
Multi Family
7 beds 2 baths N/A sq.ft.
CAP RATE Trad. 4.95% Airbnb 9.83%
Investment Properties for Sale
$469,900
MLS 12706048
Homan Square
Multi Family
8 beds 3 baths N/A sq.ft.
CAP RATE Trad. 5.56% Airbnb 9.72%
Investment Properties for Sale
$229,900
MLS 12719607
Pullman
Multi Family
4 beds 4 baths N/A sq.ft.
CAP RATE Trad. 10.78% Airbnb 9.76%
Investment Properties for Sale
$320,000
MLS 12683744
Galewood
Multi Family
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 8.88% Airbnb 9.62%
Investment Properties for Sale
$155,000
MLS 12502614
Winneconna Parkway
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 10.43% Airbnb 9.77%
Investment Properties for Sale
$270,000
MLS 12657589
South Austin
Multi Family
8 beds 4 baths N/A sq.ft.
CAP RATE Trad. 11.89% Airbnb 9.57%

Condos for Sale in Chicago, IL

Investment Properties for Sale
$29,950
MLS 12723854
South Shore
Condo/Coop
1 beds 1 baths 750 sq.ft.
CAP RATE Trad. 9.80% Airbnb 11.35%
Investment Properties for Sale
$55,000
MLS 12626939
South Shore
Condo/Coop
1 beds 1 baths 700 sq.ft.
CAP RATE Trad. 9.53% Airbnb 10.33%
Investment Properties for Sale
$55,000
MLS 12637182
Ford City
Condo/Coop
2 beds 1 baths N/A sq.ft.
CAP RATE Trad. 7.57% Airbnb 9.41%
Investment Properties for Sale
$100,000
MLS 12539871
Morgan Park
Condo/Coop
3 beds 1 baths 731 sq.ft.
CAP RATE Trad. 9.58% Airbnb 9.05%
Investment Properties for Sale
$99,999
MLS 12724179
Edgewater
Condo/Coop
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 9.81% Airbnb 8.42%
Investment Properties for Sale
$175,000
MLS 12680902
West Rogers Park
Condo/Coop
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 4.73% Airbnb 8.23%
Investment Properties for Sale
$69,999
MLS 12691236
South Shore
Condo/Coop
1 beds 1 baths 800 sq.ft.
CAP RATE Trad. 6.69% Airbnb 8.14%
Investment Properties for Sale
$95,000
MLS 12702463
The Bush
Condo/Coop
2 beds 1 baths 450 sq.ft.
CAP RATE Trad. 6.21% Airbnb 7.76%

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 9.27%
Investment Properties for Sale
$115,000
MLS 12668322
East Chatham
Townhouse
2 beds 1 baths N/A sq.ft.
CAP RATE Trad. 5.69% Airbnb 8.86%
Investment Properties for Sale
$133,000
MLS 12603826
Marynook
Townhouse
2 beds 1 baths 969 sq.ft.
CAP RATE Trad. 10.45% Airbnb 8.64%
Investment Properties for Sale
$149,900
MLS 12684120
West Chesterfield
Townhouse
2 beds 2 baths 894 sq.ft.
CAP RATE Trad. 7.09% Airbnb 8.22%
Investment Properties for Sale
$89,900
MLS 12669419
Rosemoor
Townhouse
3 beds 1 baths 1,800 sq.ft.
CAP RATE Trad. 11.79% Airbnb 8.14%
Investment Properties for Sale
$98,000
MLS 12679569
Avalon Park
Townhouse
2 beds 1 baths 960 sq.ft.
CAP RATE Trad. 10.88% Airbnb 7.79%
Investment Properties for Sale
$139,000
MLS 12578870
Morgan Park
Townhouse
2 beds 1 baths 500 sq.ft.
CAP RATE Trad. 5.44% Airbnb 7.38%
Investment Properties for Sale
$105,000
MLS 12703436
Golden Gate
Townhouse
3 beds 1 baths 731 sq.ft.
CAP RATE Trad. 9.53% Airbnb 6.71%

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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Short Term Rentals For Sale

Airbnb Vacation Rentals in Chicago, IL

Kasa | Walk to Lincoln Park Zoo | Chicago
$233 per night Airbnb occupancy rate 12%
Apartment 2 · 2 · 5
Rental Income: $874 per month
4.82
1394
Kasa | Spectacular City Views | Chicago
$112 per night Airbnb occupancy rate 22%
Apartment 1 · 1 · 3
Rental Income: $750 per month
4.74
1379
Kasa | Views from your Private Balcony | Chicago
$95 per night Airbnb occupancy rate 21%
Apartment 0 · 1 · 2
Rental Income: $608 per month
4.81
1024
Polk Street Coach House Apartment, Little Italy/Medical Dist
$149 per night Airbnb occupancy rate 68%
Guesthouse 2 · 1 · 6
Rental Income: $3,067 per month
4.99
953
Spacious Studio, Amazing Location!
$104 per night Airbnb occupancy rate 34%
Apartment 1 · 1 · 2
Rental Income: $1,075 per month
4.7
941
Great location. Free parking.
$82 per night Airbnb occupancy rate 55%
Condominium 1 · 1 · 2
Rental Income: $1,367 per month
4.97
913
Hip Chicago Apartment - FREE Parking Spot Included
$165 per night Airbnb occupancy rate 41%
Apartment 2 · 1 · 4
Rental Income: $2,063 per month
4.84
895
2bd/2bath Urban Loft w/ 2 pkg spots 1 blk to train
$228 per night Airbnb occupancy rate 59%
Loft 2 · 2 · 4
Rental Income: $4,085 per month
4.89
885

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 $260,000 7% 2% $2,114 $1,577 1,018 32%
Elgin $377,450 3% 1% $2,440 $1,989 284 34%
HOFFMAN ESTATES $434,450 2% 2% $2,368 $2,687 180 35%
Oak Lawn $275,000 5% 1% $2,276 $1,710 146 29%
View all illinois cities
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