Oak Forest Investment Analysis

Investment Property in Oak Forest, IL

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Attractions Insights

Oak Forest, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$ 314,900

Median

1,654

Avg/Sq.ft.

CASH ON CASH RETURN

5.00%

Traditional

8.00%

Airbnb

RENTAL INCOME

$ 2,077

Traditional

$ 3,263

Airbnb

RENTAL INCOME

$ 2,077

Traditional

$ 3,263

Airbnb

NUMBER OF PROPERTIES

47

Investment

26

Airbnb

22

Traditional

67%

Airbnb occupancy rate

Oak Forest, IL Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 2,491	$ 3,371	$ 3,263	$ 4,654
Traditional	$ 1,222	$ 1,410	$ 2,350	$ 2,303

Airbnb

1 ROOM	$ 2,491
2 ROOMS	$ 3,371
3 ROOMS	$ 3,263
4 ROOMS	$ 4,654

Traditional

1 ROOM	$ 1,222
2 ROOMS	$ 1,410
3 ROOMS	$ 2,350
4 ROOMS	$ 2,303

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Oak Forest, IL

$339,900

MLS 11884963

15121 Ridgeland Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,900 sq.ft.

CAP RATE Trad. 6.31% Airbnb 9.49%

Analyze Property

$345,000

MLS 11884579

6524 151st Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,625 sq.ft.

CAP RATE Trad. 5.58% Airbnb 9.21%

Analyze Property

$369,900

MLS 11855170

5921 El Morro Court, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,773 sq.ft.

CAP RATE Trad. 6.18% Airbnb 9.15%

Analyze Property

$357,700

MLS 11879935

15920 Lorel Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 3 baths 2,442 sq.ft.

CAP RATE Trad. 6.66% Airbnb 8.44%

Analyze Property

$339,900

MLS 11862547

15132 Crescent Green Drive, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,750 sq.ft.

CAP RATE Trad. 5.23% Airbnb 8.34%

Analyze Property

$242,500

MLS 11849887

4743 149TH Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

3 beds 2 baths 1,160 sq.ft.

CAP RATE Trad. 5.55% Airbnb 8.29%

Analyze Property

$249,900

MLS 11879223

14864 Massasoit Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

3 beds 2 baths 1,900 sq.ft.

CAP RATE Trad. 6.30% Airbnb 8.25%

Analyze Property

$349,900

MLS 11891301

6428 151ST Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 3 baths 1,578 sq.ft.

CAP RATE Trad. 4.57% Airbnb 8.17%

Analyze Property

Single Family Houses for Sale in Oak Forest, IL

$339,900

MLS 11884963

15121 Ridgeland Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,900 sq.ft.

CAP RATE Trad. 6.31% Airbnb 9.49%

Analyze Property

$345,000

MLS 11884579

6524 151st Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,625 sq.ft.

CAP RATE Trad. 5.58% Airbnb 9.21%

Analyze Property

$369,900

MLS 11855170

5921 El Morro Court, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,773 sq.ft.

CAP RATE Trad. 6.18% Airbnb 9.15%

Analyze Property

$357,700

MLS 11879935

15920 Lorel Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 3 baths 2,442 sq.ft.

CAP RATE Trad. 6.66% Airbnb 8.44%

Analyze Property

$339,900

MLS 11862547

15132 Crescent Green Drive, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 2 baths 1,750 sq.ft.

CAP RATE Trad. 5.23% Airbnb 8.34%

Analyze Property

$242,500

MLS 11849887

4743 149TH Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

3 beds 2 baths 1,160 sq.ft.

CAP RATE Trad. 5.55% Airbnb 8.29%

Analyze Property

$249,900

MLS 11879223

14864 Massasoit Avenue, Oak Forest, IL 60452

Oak Forest

Single Family Residential

3 beds 2 baths 1,900 sq.ft.

CAP RATE Trad. 6.30% Airbnb 8.25%

Analyze Property

$349,900

MLS 11891301

6428 151ST Street, Oak Forest, IL 60452

Oak Forest

Single Family Residential

4 beds 3 baths 1,578 sq.ft.

CAP RATE Trad. 4.57% Airbnb 8.17%

Analyze Property

Top Oak Forest, IL Neighborhoods - Real Estate Market Analysis

Oak Forest

48%

48% Mashmeter

PROPERTY PRICE

$274,900

Median for city

CAP RATE

3.74%

Traditional

5.82%

Airbnb

RENTAL INCOME

$ 1,560

Traditional

$ 2,086

Airbnb

53%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Oak Forest, IL

$109 per night Airbnb occupancy rate 86%

Apartment 2 · 1 · 4

Charming Unique 2 Bdrm Apartment in Victorian Home Blue Island, IL, United States

Rental Income: $2,878 per month

249

Calculate Rental Income

$156 per night Airbnb occupancy rate 70%

House 3 · 1.5 · 5

Comfort and Quiet Near Chicago Blue Island, IL, United States

Rental Income: $3,354 per month

208

Calculate Rental Income

$122 per night Airbnb occupancy rate 72%

House 3 · 1 · 2

Warm and comfortable inviting Suburban home ! Blue Island, IL, United States

Rental Income: $2,654 per month

159

Calculate Rental Income

$190 per night Airbnb occupancy rate 50%

House 3 · 2 · 6

The Jewell, Clean, comfortable 3 bed/2bath Home. Markham, IL, United States

Rental Income: $2,888 per month

106

Calculate Rental Income

$232 per night Airbnb occupancy rate 85%

House 4 · 2 · 14

The Country Life! Entire House. Markham, IL, United States

Rental Income: $6,009 per month

100

Calculate Rental Income

$151 per night Airbnb occupancy rate 59%

House 5 · 2 · 10

Retro 5 bed house in the heart of entertainment Blue Island, IL, United States

Rental Income: $2,748 per month

Calculate Rental Income

$144 per night Airbnb occupancy rate 98%

House 3 · 2 · 6

Boulderstrewn: Historic Homewood home Homewood, IL, United States

Rental Income: $4,320 per month

Calculate Rental Income

$95 per night Airbnb occupancy rate 95%

Guest suite 1 · 1 · 3

Private Guest Suite 2 Cozy Rooms Orland Park, IL, United States

Rental Income: $2,774 per month

Calculate Rental Income

Real Estate Investment Analysis - Other Cities in illinois

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Naperville	$552,900	3%	6%	$3,213	$5,334	291	79%
Springfield	$175,000	7%	11%	$1,734	$2,932	117	75%
Elgin	$389,500	4%	9%	$2,785	$4,440	177	74%
Palatine	$305,000	4%	6%	$2,258	$4,012	69	74%
SKOKIE	$365,000	4%	5%	$2,475	$4,031	49	73%
WHEELING	$272,450	5%	7%	$2,183	$3,644	22	73%
HOFFMAN ESTATES	$375,000	4%	6%	$2,699	$4,589	48	72%
Lombard	$334,950	4%	9%	$2,562	$4,216	68	72%
Bartlett	$382,500	4%	5%	$2,394	$4,334	44	71%
Bloomingdale	$350,000	4%	5%	$2,463	$4,172	35	71%
Park Forest	$154,900	7%	15%	$2,061	$4,133	61	70%
ELMWOOD PARK	$402,400	4%	6%	$2,582	$3,738	50	70%
Oswego	$445,000	3%	4%	$2,676	$3,684	99	70%
PEKIN	$126,250	9%	6%	$1,550	$1,703	32	70%
WADSWORTH	$449,950	3%	4%	$2,924	$5,913	16	70%
Alsip	$249,000	5%	8%	$2,058	$3,400	23	68%
Oak Lawn	$302,500	5%	7%	$2,302	$3,400	86	68%
BERWYN	$303,000	4%	6%	$2,065	$3,420	49	68%
WOOD DALE	$322,450	4%	11%	$2,345	$5,516	18	68%
LAKE IN THE HILLS	$324,900	4%	6%	$2,237	$3,671	31	68%