Chicago Investment Analysis

Investment Property in Chicago, IL

city guide background

Chicago, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$419,749

Median

1,728

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

15,478

Investment

25,609

Airbnb

5,320

Traditional

28%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

7,136

Number of homes sold

47

Median days on market

100%

Average sale-to-list price ratio

14%

Percentage of listings with price drops

15,478

Active listings count

9,714

New listings count

3.1

Months of supply

Chicago, IL Properties Rental Prices

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Investment Properties for Sale in Chicago, IL

Investment Properties for Sale
$216,500
MLS 12690055
West Chatham
Single Family Residential
5 beds 2 baths 3,050 sq.ft.
CAP RATE Trad. 6.92% Airbnb 10.15%
Investment Properties for Sale
$235,000
MLS 12629481
Englewood
Single Family Residential
5 beds 1 baths 1,698 sq.ft.
CAP RATE Trad. 5.00% Airbnb 10.06%
Investment Properties for Sale
$208,500
MLS 12649711
West Pullman
Single Family Residential
5 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 8.19% Airbnb 10.03%
Investment Properties for Sale
$150,000
MLS 12679802
Riverdale
Single Family Residential
5 beds 1 baths 1,750 sq.ft.
CAP RATE Trad. 7.43% Airbnb 10.08%
Investment Properties for Sale
$395,000
MLS 12396240
West Garfield Park
Other
7 beds 2 baths N/A sq.ft.
CAP RATE Trad. 5.32% Airbnb 9.87%
Investment Properties for Sale
$77,000
MLS 12717182
West Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 8.69% Airbnb 10.33%
Investment Properties for Sale
$374,900
MLS 12695323
Fifth City
Multi Family
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 6.22% Airbnb 9.82%
Investment Properties for Sale
$85,900
MLS 12581585
Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 6.49% Airbnb 10.22%

Single Family Houses for Sale in Chicago, IL

Investment Properties for Sale
$216,500
MLS 12690055
West Chatham
Single Family Residential
5 beds 2 baths 3,050 sq.ft.
CAP RATE Trad. 6.92% Airbnb 10.15%
Investment Properties for Sale
$235,000
MLS 12629481
Englewood
Single Family Residential
5 beds 1 baths 1,698 sq.ft.
CAP RATE Trad. 5.00% Airbnb 10.06%
Investment Properties for Sale
$208,500
MLS 12649711
West Pullman
Single Family Residential
5 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 8.19% Airbnb 10.03%
Investment Properties for Sale
$150,000
MLS 12679802
Riverdale
Single Family Residential
5 beds 1 baths 1,750 sq.ft.
CAP RATE Trad. 7.43% Airbnb 10.08%
Investment Properties for Sale
$180,000
MLS 12646324
Brainerd
Single Family Residential
5 beds 2 baths 1,034 sq.ft.
CAP RATE Trad. 6.81% Airbnb 9.92%
Investment Properties for Sale
$224,900
MLS 12693470
South Shore
Single Family Residential
5 beds 1 baths 1,800 sq.ft.
CAP RATE Trad. 11.24% Airbnb 9.78%
Investment Properties for Sale
$204,950
MLS 12711255
North Austin
Single Family Residential
4 beds 2 baths 2,532 sq.ft.
CAP RATE Trad. 9.53% Airbnb 9.75%
Investment Properties for Sale
$219,000
MLS 12629386
West Pullman
Single Family Residential
5 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 8.32% Airbnb 9.63%

Multi Family Houses for sale in Chicago, IL

Investment Properties for Sale
$374,900
MLS 12695323
Fifth City
Multi Family
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 6.22% Airbnb 9.82%
Investment Properties for Sale
$269,000
MLS 12722756
The Island
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 5.36% Airbnb 9.81%
Investment Properties for Sale
$399,900
MLS 12692368
Homan Square
Multi Family
11 beds 4 baths N/A sq.ft.
CAP RATE Trad. 11.34% Airbnb 9.70%
Investment Properties for Sale
$235,000
MLS 12710240
Archer Heights
Multi Family
5 beds 3 baths N/A sq.ft.
CAP RATE Trad. 7.71% Airbnb 9.71%
Investment Properties for Sale
$299,900
MLS 12721004
Heart of Chicago
Multi Family
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 2.06% Airbnb 9.36%
Investment Properties for Sale
$249,000
MLS 12587235
Englewood
Multi Family
6 beds 3 baths N/A sq.ft.
CAP RATE Trad. 8.99% Airbnb 9.30%
Investment Properties for Sale
$320,000
MLS 12683744
Galewood
Multi Family
4 beds 3 baths N/A sq.ft.
CAP RATE Trad. 8.88% Airbnb 8.84%
Investment Properties for Sale
$370,000
MLS 12582902
West Garfield Park
Multi Family
6 beds 2 baths N/A sq.ft.
CAP RATE Trad. 1.99% Airbnb 8.74%

Condos for Sale in Chicago, IL

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 9.39%
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 7.95%
Investment Properties for Sale
$150,000
MLS 12642397
Homan Square
Condo/Coop
3 beds 1 baths 1,250 sq.ft.
CAP RATE Trad. 9.60% Airbnb 7.78%
Investment Properties for Sale
$75,000
MLS 12702485
The Bush
Condo/Coop
2 beds 1 baths 450 sq.ft.
CAP RATE Trad. 8.74% Airbnb 8.02%
Investment Properties for Sale
$175,000
MLS 12680902
West Rogers Park
Condo/Coop
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 4.73% Airbnb 7.70%
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 7.82%
Investment Properties for Sale
$129,900
MLS 12694350
Rogers Park
Condo/Coop
2 beds 1 baths N/A sq.ft.
CAP RATE Trad. 3.57% Airbnb 7.47%
Investment Properties for Sale
$134,000
MLS 12554215
Rogers Park
Condo/Coop
2 beds 1 baths 660 sq.ft.
CAP RATE Trad. 5.66% Airbnb 7.20%

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 8.67%
Investment Properties for Sale
$89,900
MLS 12669419
Rosemoor
Townhouse
3 beds 1 baths 1,800 sq.ft.
CAP RATE Trad. 11.79% Airbnb 7.31%
Investment Properties for Sale
$139,000
MLS 12578870
Morgan Park
Townhouse
2 beds 1 baths 500 sq.ft.
CAP RATE Trad. 5.44% Airbnb 7.11%
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 6.67%
Investment Properties for Sale
$99,999
MLS 12656748
Rosemoor
Townhouse
2 beds 1 baths 864 sq.ft.
CAP RATE Trad. 9.54% Airbnb 6.78%
Investment Properties for Sale
$139,000
MLS 12624430
Morgan Park
Townhouse
3 beds 1 baths 731 sq.ft.
CAP RATE Trad. 7.25% Airbnb 6.65%
Investment Properties for Sale
$105,000
MLS 12703436
Golden Gate
Townhouse
3 beds 1 baths 731 sq.ft.
CAP RATE Trad. 9.53% Airbnb 6.57%
Investment Properties for Sale
$108,000
MLS 12679569
Avalon Park
Townhouse
2 beds 1 baths 960 sq.ft.
CAP RATE Trad. 9.78% Airbnb 6.40%

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

Popular Blog Posts

Popular Airbnb Topics

Looking for
Airbnb Analytics?

Gain vacation rental insights of any US market with our Airbnb data analytics

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 Chicago, IL

Kasa | Spectacular City Views | Chicago
$118 per night Airbnb occupancy rate 18%
Apartment 1 · 0 · 3
Rental Income: $649 per month
4.74
1360
Kasa | Views from your Private Balcony | Chicago
$101 per night Airbnb occupancy rate 9%
Apartment 0 · 0 · 2
Rental Income: $283 per month
4.81
1009
Polk Street Coach House Apartment, Little Italy/Medical Dist
$154 per night Airbnb occupancy rate 67%
Guesthouse 2 · 0 · 6
Rental Income: $3,144 per month
4.99
946
2bd/2bath Urban Loft w/ 2 pkg spots 1 blk to train
$226 per night Airbnb occupancy rate 52%
Loft 2 · 2 · 4
Rental Income: $3,597 per month
4.89
878
Explore Chicago from an Urban Sanctuary with Free Parking
$160 per night Airbnb occupancy rate 49%
Apartment null · 1 · 2
Rental Income: $2,387 per month
4.92
770
Rockin' 2Bed steps to shops/food/train
$158 per night Airbnb occupancy rate 57%
Apartment 2 · 0 · 4
Rental Income: $2,726 per month
4.87
768
Best in Chicago, private, amazing garden space
$277 per night Airbnb occupancy rate 40%
Apartment 2 · 1 · 5
Rental Income: $3,370 per month
4.95
741
Urban Comfort in the Heart of Chicago
$137 per night Airbnb occupancy rate 27%
Condominium 1 · 1 · 3
Rental Income: $1,130 per month
4.99
707

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 $260,000 7% 2% $2,114 $1,577 1,018 32%
Elgin $377,450 3% 1% $2,440 $1,989 284 34%
HOFFMAN ESTATES $427,450 2% 2% $2,368 $2,740 168 37%
Oak Lawn $275,000 5% 1% $2,276 $1,710 146 29%
View all illinois cities
Your search for investment property begins and ends here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.