Chicago Investment Analysis

Investment Property in Chicago, IL

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Chicago, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$408,789

Median

1,771

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

14,259

Investment

25,627

Airbnb

5,320

Traditional

26%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

5,923

Number of homes sold

51

Median days on market

100%

Average sale-to-list price ratio

14%

Percentage of listings with price drops

14,259

Active listings count

8,990

New listings count

3.6

Months of supply

Chicago, IL Properties Rental Prices

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Investment Properties for Sale in Chicago, IL

Investment Properties for Sale
$52,500
MLS 12222566
West Woodlawn
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 9.49% Airbnb 10.88%
Investment Properties for Sale
$189,900
MLS 12661985
West Garfield Park
Multi Family
7 beds 2 baths N/A sq.ft.
CAP RATE Trad. 10.57% Airbnb 9.89%
Investment Properties for Sale
$269,999
MLS 12624640
Beverly View
Single Family Residential
7 beds 3 baths 2,234 sq.ft.
CAP RATE Trad. 6.94% Airbnb 9.77%
Investment Properties for Sale
$240,000
MLS 12632355
Gresham
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.20% Airbnb 9.76%
Investment Properties for Sale
$319,000
MLS 12674667
Cragin
Single Family Residential
5 beds 3 baths 900 sq.ft.
CAP RATE Trad. 4.25% Airbnb 9.71%
Investment Properties for Sale
$245,000
MLS 12606045
Little Village
Other
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 12.21% Airbnb 9.64%
Investment Properties for Sale
$329,000
MLS 12655312
Cragin
Other
5 beds 3 baths N/A sq.ft.
CAP RATE Trad. 3.56% Airbnb 9.56%
Investment Properties for Sale
$399,000
MLS 12640934
Homan Square
Other
8 beds 3 baths N/A sq.ft.
CAP RATE Trad. 4.45% Airbnb 9.52%

Single Family Houses for Sale in Chicago, IL

Investment Properties for Sale
$269,999
MLS 12624640
Beverly View
Single Family Residential
7 beds 3 baths 2,234 sq.ft.
CAP RATE Trad. 6.94% Airbnb 9.77%
Investment Properties for Sale
$319,000
MLS 12674667
Cragin
Single Family Residential
5 beds 3 baths 900 sq.ft.
CAP RATE Trad. 4.25% Airbnb 9.71%
Investment Properties for Sale
$150,000
MLS 12609762
South Chicago
Single Family Residential
5 beds 1 baths 1,080 sq.ft.
CAP RATE Trad. 6.93% Airbnb 9.28%
Investment Properties for Sale
$100,000
MLS 12663252
Back of the Yards
Single Family Residential
3 beds 2 baths 672 sq.ft.
CAP RATE Trad. 11.01% Airbnb 9.20%
Investment Properties for Sale
$280,000
MLS 12633423
Gresham
Single Family Residential
5 beds 2 baths 1,904 sq.ft.
CAP RATE Trad. 5.44% Airbnb 8.75%
Investment Properties for Sale
$125,000
MLS 12679354
South Chicago
Single Family Residential
4 beds 1 baths 1,122 sq.ft.
CAP RATE Trad. 9.81% Airbnb 8.85%
Investment Properties for Sale
$269,990
MLS 12644179
West Chatham
Single Family Residential
5 beds 1 baths 1,246 sq.ft.
CAP RATE Trad. 6.73% Airbnb 8.57%
Investment Properties for Sale
$125,000
MLS 12655658
Fernwood
Single Family Residential
2 beds 1 baths 1,020 sq.ft.
CAP RATE Trad. 8.63% Airbnb 8.70%

Multi Family Houses for sale in Chicago, IL

Investment Properties for Sale
$189,900
MLS 12661985
West Garfield Park
Multi Family
7 beds 2 baths N/A sq.ft.
CAP RATE Trad. 10.57% Airbnb 9.89%
Investment Properties for Sale
$240,000
MLS 12632355
Gresham
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.20% Airbnb 9.76%
Investment Properties for Sale
$420,000
MLS 12643254
Homan Square
Multi Family
11 beds 5 baths N/A sq.ft.
CAP RATE Trad. 10.75% Airbnb 9.45%
Investment Properties for Sale
$307,000
MLS 12575253
Douglas Park
Multi Family
10 beds 3 baths N/A sq.ft.
CAP RATE Trad. 8.44% Airbnb 9.39%
Investment Properties for Sale
$150,000
MLS 12643712
Winneconna Parkway
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 6.96% Airbnb 9.45%
Investment Properties for Sale
$344,000
MLS 12617120
Douglas Park
Multi Family
9 beds 3 baths N/A sq.ft.
CAP RATE Trad. 5.20% Airbnb 9.24%
Investment Properties for Sale
$355,000
MLS 12617108
Douglas Park
Multi Family
9 beds 3 baths N/A sq.ft.
CAP RATE Trad. 5.00% Airbnb 8.92%
Investment Properties for Sale
$80,000
MLS mredcs12573524
Washington Park
Multi Family
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 5.46% Airbnb 9.30%

Condos for Sale in Chicago, IL

Investment Properties for Sale
$59,900
MLS 12648861
East Chatham
Condo/Coop
2 beds 1 baths 975 sq.ft.
CAP RATE Trad. 11.55% Airbnb 7.83%
Investment Properties for Sale
$145,000
MLS 12679728
West Rogers Park
Condo/Coop
2 beds 1 baths 898 sq.ft.
CAP RATE Trad. 6.20% Airbnb 6.62%
Investment Properties for Sale
$99,999
MLS 12669680
Arcadia Terrace
Condo/Coop
1 beds 1 baths 500 sq.ft.
CAP RATE Trad. 4.28% Airbnb 6.63%
Investment Properties for Sale
$100,000
MLS 12539871
Morgan Park
Condo/Coop
3 beds 1 baths 731 sq.ft.
CAP RATE Trad. 9.58% Airbnb 6.04%
Investment Properties for Sale
$144,900
MLS 12603810
Rogers Park
Condo/Coop
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 5.93% Airbnb 5.92%
Investment Properties for Sale
$165,000
MLS 12642397
Homan Square
Condo/Coop
3 beds 1 baths 1,250 sq.ft.
CAP RATE Trad. 8.63% Airbnb 5.60%
Investment Properties for Sale
$120,000
MLS 12664473
Kenwood
Condo/Coop
N/A beds 1 baths 750 sq.ft.
CAP RATE Trad. -1.00% Airbnb 5.57%
Investment Properties for Sale
$149,900
MLS 12682027
Edgewater
Condo/Coop
1 beds 1 baths 900 sq.ft.
CAP RATE Trad. 7.45% Airbnb 5.35%

Townhouses for Sale in Chicago, IL

Investment Properties for Sale
$103,500
MLS 12619404
Avalon Park
Townhouse
2 beds 2 baths 1,008 sq.ft.
CAP RATE Trad. 10.45% Airbnb 8.65%
Investment Properties for Sale
$99,999
MLS 12656748
Rosemoor
Townhouse
2 beds 1 baths 864 sq.ft.
CAP RATE Trad. 9.54% Airbnb 7.83%
Investment Properties for Sale
$139,000
MLS 12578870
Morgan Park
Townhouse
2 beds 1 baths 500 sq.ft.
CAP RATE Trad. 5.44% Airbnb 6.71%
Investment Properties for Sale
$89,900
MLS 12669419
Rosemoor
Townhouse
3 beds 1 baths 1,800 sq.ft.
CAP RATE Trad. 11.79% Airbnb 6.51%
Investment Properties for Sale
$108,000
MLS 12679569
Avalon Park
Townhouse
2 beds 1 baths 960 sq.ft.
CAP RATE Trad. 9.78% Airbnb 6.38%
Investment Properties for Sale
$139,900
MLS 12676147
Pullman
Townhouse
2 beds 1 baths 1,022 sq.ft.
CAP RATE Trad. 6.14% Airbnb 5.56%
Investment Properties for Sale
$175,000
MLS 12655553
Homan Square
Townhouse
3 beds 2 baths 1,500 sq.ft.
CAP RATE Trad. 11.86% Airbnb 5.36%
Investment Properties for Sale
$110,000
MLS 12663219
Pill Hill
Townhouse
2 beds 1 baths 956 sq.ft.
CAP RATE Trad. 12.30% Airbnb 5.38%

Top Chicago, IL Neighborhoods - Real Estate Market Analysis

Englewood
PROPERTY PRICE

$339,000

Median for city
CAP RATE

8.64%

Traditional

10.14%

Airbnb
RENTAL INCOME

$ 1,066

Traditional

$ 1,858

Airbnb

42%

Airbnb occupancy rate
Fuller Park
PROPERTY PRICE

$339,000

Median for city
CAP RATE

9.89%

Traditional

14.16%

Airbnb
RENTAL INCOME

$ 1,076

Traditional

$ 2,304

Airbnb

45%

Airbnb occupancy rate
The Island
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.97%

Traditional

10.54%

Airbnb
RENTAL INCOME

$ 1,249

Traditional

$ 2,714

Airbnb

53%

Airbnb occupancy rate
Winneconna Parkway
PROPERTY PRICE

$339,000

Median for city
CAP RATE

10.32%

Traditional

11.01%

Airbnb
RENTAL INCOME

$ 1,165

Traditional

$ 1,948

Airbnb

41%

Airbnb occupancy rate
South Austin
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.33%

Traditional

8.16%

Airbnb
RENTAL INCOME

$ 1,109

Traditional

$ 2,771

Airbnb

47%

Airbnb occupancy rate
Archer Heights
PROPERTY PRICE

$339,000

Median for city
CAP RATE

6.89%

Traditional

4.32%

Airbnb
RENTAL INCOME

$ 1,320

Traditional

$ 1,674

Airbnb

50%

Airbnb occupancy rate
Douglas Park
PROPERTY PRICE

$339,000

Median for city
CAP RATE

5.21%

Traditional

5.24%

Airbnb
RENTAL INCOME

$ 1,196

Traditional

$ 2,430

Airbnb

50%

Airbnb occupancy rate
South Chicago
PROPERTY PRICE

$339,000

Median for city
CAP RATE

7.36%

Traditional

8.04%

Airbnb
RENTAL INCOME

$ 1,109

Traditional

$ 1,321

Airbnb

33%

Airbnb occupancy rate
Grand Crossing
PROPERTY PRICE

$339,000

Median for city
CAP RATE

6.07%

Traditional

8.71%

Airbnb
RENTAL INCOME

$ 1,099

Traditional

$ 2,053

Airbnb

50%

Airbnb occupancy rate
Pullman
PROPERTY PRICE

$339,000

Median for city
CAP RATE

8.75%

Traditional

6.94%

Airbnb
RENTAL INCOME

$ 1,229

Traditional

$ 1,587

Airbnb

53%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Chicago, IL

Kasa | Spectacular City Views | Chicago
$125 per night Airbnb occupancy rate 13%
Apartment 1 · 0 · 3
Rental Income: $475 per month
4.74
1343
Polk Street Coach House Apartment, Little Italy/Medical Dist
$154 per night Airbnb occupancy rate 68%
Entire guesthouse 2 · 1 · 6
Rental Income: $3,208 per month
4.99
934
2bd/2bath Urban Loft w/ 2 pkg spots 1 blk to train
$255 per night Airbnb occupancy rate 55%
Loft 2 · 2 · 4
Rental Income: $4,250 per month
4.89
873
Explore Chicago from an Urban Sanctuary with Free Parking
$157 per night Airbnb occupancy rate 50%
Apartment null · 1 · 2
Rental Income: $2,407 per month
4.92
770
Rockin' 2Bed steps to shops/food/train
$152 per night Airbnb occupancy rate 66%
Apartment 2 · 1 · 4
Rental Income: $3,040 per month
4.87
759
Best in Chicago, private, amazing garden space
$276 per night Airbnb occupancy rate 39%
Apartment 2 · 1 · 5
Rental Income: $3,243 per month
4.95
741
Urban Comfort in the Heart of Chicago
$143 per night Airbnb occupancy rate 29%
Condominium 1 · 1 · 3
Rental Income: $1,275 per month
4.99
698
Pilsen Garden Efficiency Studio
$99 per night Airbnb occupancy rate 53%
Apartment 1 · 1 · 2
Rental Income: $1,601 per month
4.78
697

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% $2,135 $1,482 974 31%
HOFFMAN ESTATES $415,000 2% 1% $2,294 $2,387 144 31%
View all illinois cities
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