ELGIN Investment Analysis
Investment Property in ELGIN, IL
ELGIN, IL Real Estate Investment Performance
$337,826
Median
2,341
Avg/Sq.ft.
3.00%
Traditional
-1.00%
Airbnb
539
Investment
46
Airbnb
69
Traditional
30%
Airbnb occupancy rate
Redfin Housing market insights powered by Redfin
245
Number of homes sold
49
Median days on market
100%
Average sale-to-list price ratio
13%
Percentage of listings with price drops
539
Active listings count
381
New listings count
3.4
Months of supply
ELGIN, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in ELGIN, IL
$137,900
MLS 11873808
Other
CAP RATE
Trad.
1.54%
Airbnb
6.99%
$137,900
MLS 11865157
Other
CAP RATE
Trad.
1.54%
Airbnb
6.99%
$140,000
MLS 12595527
Other
CAP RATE
Trad.
2.11%
Airbnb
6.84%
$140,000
MLS 12486137
Other
CAP RATE
Trad.
1.47%
Airbnb
6.84%
$148,900
MLS 11862183
Other
CAP RATE
Trad.
1.19%
Airbnb
6.24%
$150,000
MLS 12486324
Other
CAP RATE
Trad.
1.16%
Airbnb
6.17%
$150,000
MLS 11219309
Other
CAP RATE
Trad.
1.16%
Airbnb
6.17%
$156,000
MLS 0747420EF286
Manufactured Home
CAP RATE
Trad.
9.39%
Airbnb
5.91%
Single Family Houses for Sale in ELGIN, IL
$199,900
MLS 12667153
Single Family Residential
CAP RATE
Trad.
6.53%
Airbnb
4.65%
$349,900
MLS 12671792
Single Family Residential
CAP RATE
Trad.
3.64%
Airbnb
2.89%
$314,999
MLS 12635947
Single Family Residential
CAP RATE
Trad.
4.21%
Airbnb
2.23%
$279,000
MLS 12546898
Single Family Residential
CAP RATE
Trad.
2.75%
Airbnb
1.83%
$294,900
MLS 12632517
Single Family Residential
CAP RATE
Trad.
4.78%
Airbnb
1.80%
$325,000
MLS 12673901
Single Family Residential
CAP RATE
Trad.
4.32%
Airbnb
1.72%
$250,000
MLS 12663203
Single Family Residential
CAP RATE
Trad.
3.31%
Airbnb
1.69%
$291,400
MLS 202603620
Single Family Residential
CAP RATE
Trad.
4.15%
Airbnb
1.64%
Condos for Sale in ELGIN, IL
$109,900
MLS 12658227
Condo/Coop
CAP RATE
Trad.
10.71%
Airbnb
5.60%
$250,000
MLS 12673306
Condo/Coop
CAP RATE
Trad.
8.17%
Airbnb
3.74%
$245,000
MLS 12666833
Condo/Coop
CAP RATE
Trad.
8.45%
Airbnb
3.64%
$235,000
MLS 12618899
Condo/Coop
CAP RATE
Trad.
8.47%
Airbnb
2.92%
$249,000
MLS 11563667
Condo/Coop
CAP RATE
Trad.
4.22%
Airbnb
2.48%
$315,000
MLS 12684508
Condo/Coop
CAP RATE
Trad.
5.46%
Airbnb
2.30%
$199,500
MLS 12670381
Condo/Coop
CAP RATE
Trad.
5.50%
Airbnb
2.23%
$275,500
MLS 12630505
Condo/Coop
CAP RATE
Trad.
5.57%
Airbnb
2.09%
Townhouses for Sale in ELGIN, IL
$209,000
MLS 12681376
Townhouse
CAP RATE
Trad.
5.34%
Airbnb
2.49%
$250,000
MLS 12676190
Townhouse
CAP RATE
Trad.
8.29%
Airbnb
2.33%
$259,000
MLS 12649695
Townhouse
CAP RATE
Trad.
6.85%
Airbnb
2.02%
$299,000
MLS 12640559
Townhouse
CAP RATE
Trad.
6.22%
Airbnb
1.96%
$189,900
MLS 12663895
Townhouse
CAP RATE
Trad.
4.87%
Airbnb
1.57%
$365,000
MLS 12674855
Townhouse
CAP RATE
Trad.
4.94%
Airbnb
1.47%
$294,900
MLS 12656445
Townhouse
CAP RATE
Trad.
5.24%
Airbnb
1.24%
$315,000
MLS 12638906
Townhouse
CAP RATE
Trad.
3.62%
Airbnb
0.72%
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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
$169 per night
Airbnb occupancy rate 30%
Loft 1 · 1 · 2
Rental Income: $1,521 per month
516
$155 per night
Airbnb occupancy rate 39%
Loft 1 · 0 · 2
Rental Income: $1,821 per month
410
$160 per night
Airbnb occupancy rate 24%
Loft 1 · 1 · 2
Rental Income: $1,187 per month
355
$161 per night
Airbnb occupancy rate 27%
Loft 1 · 1 · 2
Rental Income: $1,315 per month
321
$135 per night
Airbnb occupancy rate 20%
Apartment 1 · 0 · 2
Rental Income: $810 per month
310
$209 per night
Airbnb occupancy rate 30%
House 3 · 1 · 8
Rental Income: $1,916 per month
303
$233 per night
Airbnb occupancy rate 31%
House 2 · 1 · 6
Rental Income: $2,194 per month
296
$219 per night
Airbnb occupancy rate 32%
Entire townhouse 3 · 1.5 · 8
Rental Income: $2,154 per month
275
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 | $265,000 | 7% | 2% | $2,113 | $1,482 | 992 | 31% |
| HOFFMAN ESTATES | $417,450 | 2% | 1% | $2,355 | $2,387 | 134 | 31% |
| Park Forest | $158,750 | 7% | 1% | $2,043 | $1,623 | 108 | 20% |
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