Park Forest Investment Analysis
Investment Property in Park Forest, IL
Park Forest, IL Real Estate Investment Performance
$ 154,900
Median
1,511
Avg/Sq.ft.
7.00%
Traditional
15.00%
Airbnb
61
Investment
33
Airbnb
23
Traditional
70%
Airbnb occupancy rate
Park Forest, IL Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Park Forest, IL
$189,900
MLS 11879114
Single Family Residential
CAP RATE
Trad.
3.26%
Airbnb
9.33%
$224,900
MLS 11864828
Single Family Residential
CAP RATE
Trad.
5.75%
Airbnb
9.28%
$249,900
MLS 11860227
Single Family Residential
CAP RATE
Trad.
4.82%
Airbnb
9.15%
$149,900
MLS 11715079
Townhouse
CAP RATE
Trad.
8.28%
Airbnb
8.95%
$273,000
MLS 11849611
Single Family Residential
CAP RATE
Trad.
3.72%
Airbnb
8.66%
$254,900
MLS 11828852
Single Family Residential
CAP RATE
Trad.
5.43%
Airbnb
8.27%
$267,000
MLS 11878678
Single Family Residential
CAP RATE
Trad.
5.97%
Airbnb
8.02%
$339,000
MLS 11731342
Single Family Residential
CAP RATE
Trad.
4.13%
Airbnb
6.89%
Single Family Houses for Sale in Park Forest, IL
$189,900
MLS 11879114
Single Family Residential
CAP RATE
Trad.
3.26%
Airbnb
9.33%
$224,900
MLS 11864828
Single Family Residential
CAP RATE
Trad.
5.75%
Airbnb
9.28%
$249,900
MLS 11860227
Single Family Residential
CAP RATE
Trad.
4.82%
Airbnb
9.15%
$273,000
MLS 11849611
Single Family Residential
CAP RATE
Trad.
3.72%
Airbnb
8.66%
$254,900
MLS 11828852
Single Family Residential
CAP RATE
Trad.
5.43%
Airbnb
8.27%
$267,000
MLS 11878678
Single Family Residential
CAP RATE
Trad.
5.97%
Airbnb
8.02%
$339,000
MLS 11731342
Single Family Residential
CAP RATE
Trad.
4.13%
Airbnb
6.89%
$210,000
MLS 11783769
Single Family Residential
CAP RATE
Trad.
3.64%
Airbnb
6.89%
Top Park Forest, IL Neighborhoods - Real Estate Market Analysis
Park Forest
$146,200
Median for city
7.02%
Traditional
5.90%
Airbnb
$ 1,525
Traditional
$ 2,212
Airbnb
54%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2023/04/short-term-rental-llc-585x390.jpg)
Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Park Forest, IL
$45 per night
Airbnb occupancy rate 91%
Apartment 1 · 1 · 2
Rental Income: $1,256 per month
275
$312 per night
Airbnb occupancy rate 69%
House 3 · 2.5 · 8
Rental Income: $6,583 per month
177
$58 per night
Airbnb occupancy rate 83%
Guest suite 1 · 1 · 2
Rental Income: $1,460 per month
148
$75 per night
Airbnb occupancy rate 70%
Townhouse 3 · 1 · 5
Rental Income: $1,605 per month
107
$60 per night
Airbnb occupancy rate 72%
Apartment 1 · 1 · 6
Rental Income: $1,320 per month
104
$77 per night
Airbnb occupancy rate 70%
Townhouse 3 · 1 · 5
Rental Income: $1,640 per month
70
$199 per night
Airbnb occupancy rate 57%
House 4 · 2.5 · 8
Rental Income: $3,449 per month
65
$214 per night
Airbnb occupancy rate 71%
House 3 · 1.5 · 8
Rental Income: $4,601 per month
55
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 | |||
| 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% |
| 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% |
Vacation Rentals for Sale in illinois
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