Park Forest Investment Analysis

Investment Property in Park Forest, IL

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Park Forest, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$ 162,000

Median

1,276

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

-2.00%

Airbnb
NUMBER OF PROPERTIES

117

Investment

30

Airbnb

12

Traditional

14%

Airbnb occupancy rate

Park Forest, IL Properties Rental Prices

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Investment Properties for Sale in Park Forest, IL

Investment Properties for Sale
$129,900
MLS 12447933
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 7.81% Airbnb 6.01%
Investment Properties for Sale
$113,500
MLS 12433352
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 7.08% Airbnb 5.53%
Investment Properties for Sale
$145,000
MLS 12454411
Park Forest
Single Family Residential
2 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 7.01% Airbnb 5.28%
Investment Properties for Sale
$127,000
MLS 12408242
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.72% Airbnb 4.84%
Investment Properties for Sale
$119,500
MLS 12406988
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.93% Airbnb 4.59%
Investment Properties for Sale
$170,000
MLS 12468036
Park Forest
Single Family Residential
2 beds 2 baths 1,092 sq.ft.
CAP RATE Trad. 7.84% Airbnb 4.50%
Investment Properties for Sale
$138,000
MLS 12455193
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.43% Airbnb 4.37%
Investment Properties for Sale
$159,000
MLS 12298685
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 4.89% Airbnb 4.12%

Single Family Houses for Sale in Park Forest, IL

Investment Properties for Sale
$129,900
MLS 12447933
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 7.81% Airbnb 6.01%
Investment Properties for Sale
$113,500
MLS 12433352
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 7.08% Airbnb 5.53%
Investment Properties for Sale
$145,000
MLS 12454411
Park Forest
Single Family Residential
2 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 7.01% Airbnb 5.28%
Investment Properties for Sale
$127,000
MLS 12408242
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.72% Airbnb 4.84%
Investment Properties for Sale
$119,500
MLS 12406988
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.93% Airbnb 4.59%
Investment Properties for Sale
$170,000
MLS 12468036
Park Forest
Single Family Residential
2 beds 2 baths 1,092 sq.ft.
CAP RATE Trad. 7.84% Airbnb 4.50%
Investment Properties for Sale
$138,000
MLS 12455193
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 5.43% Airbnb 4.37%
Investment Properties for Sale
$159,000
MLS 12298685
Park Forest
Single Family Residential
2 beds 1 baths 949 sq.ft.
CAP RATE Trad. 4.89% Airbnb 4.12%

Top Park Forest, IL Neighborhoods - Real Estate Market Analysis

Park Forest
PROPERTY PRICE

$146,200

Median for city
CAP RATE

7.02%

Traditional

5.90%

Airbnb
RENTAL INCOME

$ 1,525

Traditional

$ 2,212

Airbnb

54%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Park Forest, IL

Cozy apartment over garage
$41 per night Airbnb occupancy rate 75%
Loft 1 · 1 · 2
Rental Income: $933 per month
4.9
275
Quiet clean 2 bedroom get away.
$193 per night Airbnb occupancy rate 40%
House 2 · 1 · 4
Rental Income: $2,332 per month
4.65
101
Cozy Fun Game Room Suite & Hot Tub w/Yurt add on
$231 per night Airbnb occupancy rate 41%
Guest suite 1 · 1 · 6
Rental Income: $2,888 per month
4.98
89
Tranquil 2 bedroom ranch home
$217 per night Airbnb occupancy rate 27%
House 2 · 1 · 6
Rental Income: $1,772 per month
4.84
77
Exquisite Getaway Home
$272 per night Airbnb occupancy rate 37%
House 4 · 2 · 8
Rental Income: $3,060 per month
4.72
70
"Just Like Home"
$199 per night Airbnb occupancy rate 53%
House 4 · 2.5 · 9
Rental Income: $3,184 per month
4.69
61
Private Oasis with Spacious Backyard
$340 per night Airbnb occupancy rate 46%
House 5 · 2 · 14
Rental Income: $4,732 per month
4.8
46
Luxurious South Suburban Villa
$231 per night Airbnb occupancy rate 13%
House 3 · 2.5 · 8
Rental Income: $943 per month
4.56
43

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 $179,200 8% 5% $2,020 $1,921 320 43%
Elgin $357,500 4% 1% $2,629 $1,900 170 26%
Oak Lawn $279,999 5% 1% $2,305 $1,435 113 27%
Schaumburg $359,900 4% 1% $2,470 $1,812 101 28%
View all illinois cities
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