Elgin Investment Analysis
Investment Property in Elgin, IL
Elgin, IL Real Estate Investment Performance
$359,829
Median
1,967
Avg/Sq.ft.
4.00%
Traditional
2.00%
Airbnb
616
Investment
52
Airbnb
29
Traditional
38%
Airbnb occupancy rate
Redfin Housing market insights powered by Redfin
343
Number of homes sold
48
Median days on market
100%
Average sale-to-list price ratio
20%
Percentage of listings with price drops
616
Active listings count
359
New listings count
2.1
Months of supply
Elgin, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Elgin, IL
$184,900
MLS 12053488
Manufactured Home
CAP RATE
Trad.
11.78%
Airbnb
7.93%
$184,900
MLS 12053489
Manufactured Home
CAP RATE
Trad.
11.66%
Airbnb
7.93%
$159,900
MLS 12041322
Manufactured Home
CAP RATE
Trad.
12.04%
Airbnb
7.74%
$164,900
MLS 11949768
Manufactured Home
CAP RATE
Trad.
11.67%
Airbnb
7.41%
$284,500
MLS 12599919
Other
CAP RATE
Trad.
6.18%
Airbnb
5.71%
$300,000
MLS 12780620
Other
CAP RATE
Trad.
5.42%
Airbnb
5.30%
$205,000
MLS 12753865
Other
CAP RATE
Trad.
6.45%
Airbnb
5.23%
$249,900
MLS 12794380
Townhouse
CAP RATE
Trad.
5.55%
Airbnb
5.06%
Single Family Houses for Sale in Elgin, IL
$220,000
MLS 12764761
Single Family Residential
CAP RATE
Trad.
5.94%
Airbnb
4.01%
$284,900
MLS 12774788
Single Family Residential
CAP RATE
Trad.
5.76%
Airbnb
3.68%
$315,900
MLS 12763820
Single Family Residential
CAP RATE
Trad.
4.19%
Airbnb
3.27%
$285,000
MLS 12788375
Single Family Residential
CAP RATE
Trad.
5.47%
Airbnb
3.13%
$300,000
MLS 12760218
Single Family Residential
CAP RATE
Trad.
4.80%
Airbnb
3.01%
$294,500
MLS 12792100
Single Family Residential
CAP RATE
Trad.
5.80%
Airbnb
2.83%
$349,500
MLS 12799890
Single Family Residential
CAP RATE
Trad.
3.46%
Airbnb
2.66%
$329,900
MLS 12778352
Single Family Residential
CAP RATE
Trad.
4.23%
Airbnb
2.37%
Condos for Sale in Elgin, IL
$245,000
MLS 12767163
Condo/Coop
CAP RATE
Trad.
7.33%
Airbnb
4.20%
$284,900
MLS 12742165
Condo/Coop
CAP RATE
Trad.
7.58%
Airbnb
3.80%
$194,000
MLS 12767347
Condo/Coop
CAP RATE
Trad.
5.21%
Airbnb
3.49%
$245,000
MLS 12803525
Condo/Coop
CAP RATE
Trad.
4.95%
Airbnb
3.36%
$255,000
MLS 12768173
Condo/Coop
CAP RATE
Trad.
6.18%
Airbnb
2.73%
$215,000
MLS 12730487
Condo/Coop
CAP RATE
Trad.
5.81%
Airbnb
2.58%
$301,900
MLS 12760795
Condo/Coop
CAP RATE
Trad.
4.84%
Airbnb
0.74%
$78,000
MLS 12759447
Condo/Coop
CAP RATE
Trad.
-8.27%
Airbnb
-18.73
Townhouses for Sale in Elgin, IL
$249,900
MLS 12794380
Townhouse
CAP RATE
Trad.
5.55%
Airbnb
5.06%
$212,000
MLS 12719724
Townhouse
CAP RATE
Trad.
5.96%
Airbnb
5.00%
$279,900
MLS 12799086
Townhouse
CAP RATE
Trad.
6.22%
Airbnb
3.78%
$255,000
MLS 12740583
Townhouse
CAP RATE
Trad.
6.65%
Airbnb
3.28%
$274,900
MLS 12775105
Townhouse
CAP RATE
Trad.
5.41%
Airbnb
2.93%
$278,500
MLS 12804019
Townhouse
CAP RATE
Trad.
5.07%
Airbnb
2.91%
$280,000
MLS 12775113
Townhouse
CAP RATE
Trad.
6.22%
Airbnb
2.90%
$389,000
MLS 12779832
Townhouse
CAP RATE
Trad.
5.45%
Airbnb
2.67%
Top Elgin, IL Neighborhoods - Real Estate Market Analysis
Elgin
$299,450
Median for city
4.34%
Traditional
9.51%
Airbnb
$ 1,598
Traditional
$ 3,735
Airbnb
52%
Airbnb occupancy rate
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Elgin, IL
$166 per night
Airbnb occupancy rate 33%
Loft 1 · 1 · 2
Rental Income: $1,646 per month
533
$146 per night
Airbnb occupancy rate 40%
Loft 1 · 1 · 2
Rental Income: $1,764 per month
432
$147 per night
Airbnb occupancy rate 23%
Loft 1 · 1 · 2
Rental Income: $1,029 per month
362
$149 per night
Airbnb occupancy rate 27%
Loft 1 · 1 · 2
Rental Income: $1,217 per month
333
$127 per night
Airbnb occupancy rate 33%
Apartment 1 · 1 · 2
Rental Income: $1,291 per month
332
$210 per night
Airbnb occupancy rate 33%
House 3 · 1 · 8
Rental Income: $2,100 per month
321
$206 per night
Airbnb occupancy rate 29%
House 2 · 1 · 6
Rental Income: $1,837 per month
307
$201 per night
Airbnb occupancy rate 39%
Entire townhouse 3 · 1.5 · 8
Rental Income: $2,412 per month
295
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% |
| Naperville | $629,450 | 2% | 1% | $3,053 | $2,568 | 316 | 33% |
| Oswego | $462,400 | 4% | 1% | $3,026 | $1,818 | 145 | 31% |
| Oak Lawn | $287,450 | 5% | 3% | $2,258 | $2,045 | 132 | 37% |
| Lombard | $400,000 | 3% | 2% | $2,540 | $2,222 | 99 | 33% |
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