Elgin Investment Analysis
Investment Property in Elgin, IL
Elgin, IL Real Estate Investment Performance
$349,791
Median
2,247
Avg/Sq.ft.
3.00%
Traditional
1.00%
Airbnb
602
Investment
43
Airbnb
69
Traditional
34%
Airbnb occupancy rate
Redfin Housing market insights powered by Redfin
306
Number of homes sold
46
Median days on market
100%
Average sale-to-list price ratio
13%
Percentage of listings with price drops
602
Active listings count
416
New listings count
2.9
Months of supply
Elgin, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Elgin, IL
$174,900
MLS 11532115
Manufactured Home
CAP RATE
Trad.
12.29%
Airbnb
7.27%
$137,900
MLS 11865157
Other
CAP RATE
Trad.
1.54%
Airbnb
6.87%
$137,900
MLS 11873808
Other
CAP RATE
Trad.
1.54%
Airbnb
6.87%
$156,000
MLS 0747420EF286
Manufactured Home
CAP RATE
Trad.
9.39%
Airbnb
6.70%
$140,000
MLS 12738301
Other
CAP RATE
Trad.
2.11%
Airbnb
6.72%
$160,900
MLS B8F7523F21BC
Manufactured Home
CAP RATE
Trad.
8.55%
Airbnb
6.40%
$164,900
MLS FE1814FB5B4B
Manufactured Home
CAP RATE
Trad.
9.28%
Airbnb
6.16%
$148,900
MLS 11862183
Other
CAP RATE
Trad.
1.19%
Airbnb
6.12%
Single Family Houses for Sale in Elgin, IL
$249,900
MLS 12699588
Single Family Residential
CAP RATE
Trad.
3.24%
Airbnb
3.93%
$329,900
MLS 12766554
Single Family Residential
CAP RATE
Trad.
3.78%
Airbnb
3.37%
$305,000
MLS 12694921
Single Family Residential
CAP RATE
Trad.
4.32%
Airbnb
2.80%
$296,900
MLS 12701365
Single Family Residential
CAP RATE
Trad.
5.00%
Airbnb
2.71%
$309,000
MLS 12702033
Single Family Residential
CAP RATE
Trad.
4.31%
Airbnb
2.69%
$299,900
MLS 12697411
Single Family Residential
CAP RATE
Trad.
4.87%
Airbnb
2.66%
$220,000
MLS 12691059
Single Family Residential
CAP RATE
Trad.
5.90%
Airbnb
2.53%
$289,900
MLS 12715630
Single Family Residential
CAP RATE
Trad.
3.91%
Airbnb
2.41%
Condos for Sale in Elgin, IL
$99,000
MLS 12658227
Condo/Coop
CAP RATE
Trad.
12.00%
Airbnb
5.72%
$250,000
MLS 12673306
Condo/Coop
CAP RATE
Trad.
8.17%
Airbnb
4.06%
$245,000
MLS 12666833
Condo/Coop
CAP RATE
Trad.
8.45%
Airbnb
3.96%
$249,000
MLS 11563667
Condo/Coop
CAP RATE
Trad.
4.22%
Airbnb
2.98%
$309,900
MLS 12684508
Condo/Coop
CAP RATE
Trad.
6.88%
Airbnb
2.75%
$199,500
MLS 12670381
Condo/Coop
CAP RATE
Trad.
5.50%
Airbnb
2.62%
$200,000
MLS 12680038
Condo/Coop
CAP RATE
Trad.
3.00%
Airbnb
2.31%
$204,900
MLS 12757071
Condo/Coop
CAP RATE
Trad.
5.60%
Airbnb
2.22%
Townhouses for Sale in Elgin, IL
$209,000
MLS 12681376
Townhouse
CAP RATE
Trad.
5.34%
Airbnb
2.87%
$297,900
MLS 12677199
Townhouse
CAP RATE
Trad.
5.78%
Airbnb
2.73%
$315,000
MLS 12705270
Townhouse
CAP RATE
Trad.
5.05%
Airbnb
2.16%
$355,000
MLS 12674855
Townhouse
CAP RATE
Trad.
5.11%
Airbnb
1.89%
$375,000
MLS 12702904
Townhouse
CAP RATE
Trad.
4.84%
Airbnb
1.65%
$294,900
MLS 12656445
Townhouse
CAP RATE
Trad.
5.24%
Airbnb
1.51%
$184,900
MLS 12663895
Townhouse
CAP RATE
Trad.
5.03%
Airbnb
1.32%
$349,900
MLS 12697021
Townhouse
CAP RATE
Trad.
2.36%
Airbnb
1.17%
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
$155 per night
Airbnb occupancy rate 30%
Loft 1 · 1 · 2
Rental Income: $1,421 per month
529
$139 per night
Airbnb occupancy rate 39%
Loft 1 · 1 · 2
Rental Income: $1,668 per month
429
$144 per night
Airbnb occupancy rate 23%
Loft 1 · 1 · 2
Rental Income: $996 per month
360
$126 per night
Airbnb occupancy rate 30%
Apartment 1 · 1 · 2
Rental Income: $1,145 per month
332
$145 per night
Airbnb occupancy rate 26%
Loft 1 · 1 · 2
Rental Income: $1,148 per month
331
$210 per night
Airbnb occupancy rate 35%
House 3 · 1 · 8
Rental Income: $2,223 per month
321
$210 per night
Airbnb occupancy rate 31%
House 2 · 1 · 6
Rental Income: $1,978 per month
307
$200 per night
Airbnb occupancy rate 40%
Entire townhouse 3 · 1.5 · 8
Rental Income: $2,450 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% |
| HOFFMAN ESTATES | $424,900 | 2% | 2% | $2,295 | $2,687 | 239 | 35% |
| Oak Lawn | $275,000 | 5% | 1% | $2,276 | $1,710 | 146 | 29% |
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