Chicago Investment Analysis

Investment Property in Chicago, IL

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Chicago, IL Real Estate Investment Performance

PROPERTY SALE PRICE

$409,805

Median

1,767

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

1.00%

Airbnb
NUMBER OF PROPERTIES

14,652

Investment

35,220

Airbnb

5,320

Traditional

36%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

6,728

Number of homes sold

52

Median days on market

100%

Average sale-to-list price ratio

18%

Percentage of listings with price drops

14,652

Active listings count

7,877

New listings count

3.0

Months of supply

Chicago, IL Properties Rental Prices

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Chicago, IL

Investment Properties for Sale
$395,000
MLS 12743911
West Garfield Park
Multi Family
8 beds 4 baths N/A sq.ft.
CAP RATE Trad. 5.90% Airbnb 10.04%
Investment Properties for Sale
$220,000
MLS 12770842
West Englewood
Single Family Residential
6 beds 3 baths 778 sq.ft.
CAP RATE Trad. 8.80% Airbnb 10.07%
Investment Properties for Sale
$434,900
MLS 12780798
West Garfield Park
Other
5 beds 3 baths N/A sq.ft.
CAP RATE Trad. 3.59% Airbnb 9.94%
Investment Properties for Sale
$119,900
MLS mredcs12775277
East Garfield Park
Condo/Coop
2 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 10.07% Airbnb 10.22%
Investment Properties for Sale
$155,000
MLS 12770477
West Pullman
Single Family Residential
6 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 10.78% Airbnb 10.12%
Investment Properties for Sale
$165,000
MLS 12742800
Englewood
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 9.66% Airbnb 10.09%
Investment Properties for Sale
$325,000
MLS 12773588
Back of the Yards
Other
12 beds 6 baths N/A sq.ft.
CAP RATE Trad. N/A Airbnb 9.94%
Investment Properties for Sale
$65,000
MLS 12785611
Humboldt Park
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 10.58% Airbnb 10.53%

Single Family Houses for Sale in Chicago, IL

Investment Properties for Sale
$220,000
MLS 12770842
West Englewood
Single Family Residential
6 beds 3 baths 778 sq.ft.
CAP RATE Trad. 8.80% Airbnb 10.07%
Investment Properties for Sale
$155,000
MLS 12770477
West Pullman
Single Family Residential
6 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 10.78% Airbnb 10.12%
Investment Properties for Sale
$350,000
MLS 12764921
North Austin
Single Family Residential
6 beds 3 baths 1,840 sq.ft.
CAP RATE Trad. 6.68% Airbnb 9.35%
Investment Properties for Sale
$379,999
MLS 12792104
Hermosa
Single Family Residential
6 beds 2 baths 1,928 sq.ft.
CAP RATE Trad. 3.19% Airbnb 9.26%
Investment Properties for Sale
$160,000
MLS 12400384
Roseland
Single Family Residential
5 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 10.69% Airbnb 9.21%
Investment Properties for Sale
$105,000
MLS 12736558
Englewood
Single Family Residential
3 beds 1 baths N/A sq.ft.
CAP RATE Trad. 8.22% Airbnb 9.29%
Investment Properties for Sale
$216,600
MLS 12716819
South Austin
Single Family Residential
4 beds 2 baths 1,978 sq.ft.
CAP RATE Trad. 10.08% Airbnb 9.07%
Investment Properties for Sale
$299,000
MLS 12789135
Chicago Lawn
Single Family Residential
5 beds 2 baths 1,926 sq.ft.
CAP RATE Trad. 3.60% Airbnb 8.91%

Multi Family Houses for sale in Chicago, IL

Investment Properties for Sale
$395,000
MLS 12743911
West Garfield Park
Multi Family
8 beds 4 baths N/A sq.ft.
CAP RATE Trad. 5.90% Airbnb 10.04%
Investment Properties for Sale
$165,000
MLS 12742800
Englewood
Multi Family
5 beds 2 baths N/A sq.ft.
CAP RATE Trad. 9.66% Airbnb 10.09%
Investment Properties for Sale
$139,900
MLS 12633440
Fuller Park
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 10.95% Airbnb 9.25%
Investment Properties for Sale
$399,000
MLS 12793529
Hermosa
Multi Family
5 beds 3 baths N/A sq.ft.
CAP RATE Trad. 4.08% Airbnb 8.66%
Investment Properties for Sale
$205,000
MLS 12697270
Roseland
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 10.24% Airbnb 8.41%
Investment Properties for Sale
$425,000
MLS 12724427
Homan Square
Multi Family
10 beds 4 baths N/A sq.ft.
CAP RATE Trad. 5.69% Airbnb 8.07%
Investment Properties for Sale
$420,000
MLS 12788933
Hermosa
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 2.18% Airbnb 8.07%
Investment Properties for Sale
$399,900
MLS 12779271
Back of the Yards
Multi Family
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 1.33% Airbnb 7.99%

Condos for Sale in Chicago, IL

Investment Properties for Sale
$119,900
MLS mredcs12775277
East Garfield Park
Condo/Coop
2 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 10.07% Airbnb 10.22%
Investment Properties for Sale
$135,000
MLS 12642397
Homan Square
Condo/Coop
3 beds 1 baths 1,250 sq.ft.
CAP RATE Trad. 10.77% Airbnb 10.05%
Investment Properties for Sale
$39,900
MLS 12604342
The Bush
Condo/Coop
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 10.86% Airbnb 9.44%
Investment Properties for Sale
$170,000
MLS 24400113
Lakewood - Balmoral
Condo/Coop
2 beds N/A baths 800 sq.ft.
CAP RATE Trad. 5.87% Airbnb 7.95%
Investment Properties for Sale
$130,000
MLS 12776638
Washington Park
Condo/Coop
3 beds 1 baths 1,400 sq.ft.
CAP RATE Trad. 5.64% Airbnb 8.01%
Investment Properties for Sale
$129,000
MLS 12507587
Washington Park
Condo/Coop
3 beds 2 baths 1,375 sq.ft.
CAP RATE Trad. 7.59% Airbnb 7.93%
Investment Properties for Sale
$450,000
MLS 12689004
Streeterville
Condo/Coop
3 beds 2 baths 1,473 sq.ft.
CAP RATE Trad. -0.80% Airbnb 7.70%
Investment Properties for Sale
$135,000
MLS 12681778
Edgewater
Condo/Coop
2 beds 1 baths 900 sq.ft.
CAP RATE Trad. 5.88% Airbnb 7.68%

Townhouses for Sale in Chicago, IL

Investment Properties for Sale
$123,900
MLS 12742259
East Garfield Park
Townhouse
3 beds 2 baths 1,116 sq.ft.
CAP RATE Trad. 12.40% Airbnb 9.67%
Investment Properties for Sale
$125,000
MLS 12798448
Englewood
Townhouse
3 beds 1 baths 1,064 sq.ft.
CAP RATE Trad. 9.10% Airbnb 9.36%
Investment Properties for Sale
$249,900
MLS 12778653
Bronzeville
Townhouse
4 beds 2 baths 1,773 sq.ft.
CAP RATE Trad. 3.13% Airbnb 8.06%
Investment Properties for Sale
$139,900
MLS 12646108
West Chesterfield
Townhouse
2 beds 1 baths 1,094 sq.ft.
CAP RATE Trad. 7.92% Airbnb 7.86%
Investment Properties for Sale
$239,000
MLS 12772372
West Garfield Park
Townhouse
4 beds 2 baths 1,308 sq.ft.
CAP RATE Trad. 6.76% Airbnb 7.36%
Investment Properties for Sale
$124,900
MLS 12780160
West Chesterfield
Townhouse
2 beds 1 baths 1,094 sq.ft.
CAP RATE Trad. 7.18% Airbnb 7.47%
Investment Properties for Sale
$105,900
MLS 12740023
Marynook
Townhouse
2 beds 2 baths 1,067 sq.ft.
CAP RATE Trad. 10.04% Airbnb 7.21%
Investment Properties for Sale
$125,000
MLS 12677733
Stony Island Park
Townhouse
2 beds 1 baths 928 sq.ft.
CAP RATE Trad. 12.24% Airbnb 7.10%

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 | Walk to Lincoln Park Zoo | Chicago
$202 per night Airbnb occupancy rate 34%
Apartment 2 · 2 · 5
Rental Income: $2,121 per month
4.82
1411
Kasa | Spectacular City Views | Chicago
$101 per night Airbnb occupancy rate 17%
Apartment 1 · 1 · 3
Rental Income: $505 per month
4.74
1395
Kasa | Views from your Private Balcony | Chicago
$86 per night Airbnb occupancy rate 20%
Apartment 0 · 1 · 2
Rental Income: $533 per month
4.81
1044
Polk Street Coach House Apartment, Little Italy/Medical Dist
$180 per night Airbnb occupancy rate 52%
Entire guesthouse 2 · 1 · 6
Rental Income: $2,835 per month
4.99
965
Spacious Studio, Amazing Location!
$97 per night Airbnb occupancy rate 32%
Apartment 1 · 1 · 2
Rental Income: $946 per month
4.7
944
Great location. Free parking.
$77 per night Airbnb occupancy rate 45%
Condominium 1 · 1 · 2
Rental Income: $1,059 per month
4.97
922
Hip Chicago Apartment - FREE Parking Spot Included
$253 per night Airbnb occupancy rate 58%
Apartment 2 · 1 · 4
Rental Income: $4,428 per month
4.84
904
2bd/2bath Urban Loft w/ 2 pkg spots 1 blk to train
$260 per night Airbnb occupancy rate 60%
Loft 2 · 2 · 4
Rental Income: $4,745 per month
4.88
899

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%
Naperville $631,950 3% 1% $2,827 $2,568 336 33%
Elgin $389,000 3% 2% $2,350 $2,304 263 38%
Oswego $469,990 4% 1% $2,931 $2,983 145 31%
Oak Lawn $282,500 5% 3% $2,057 $2,045 138 37%
View all illinois cities
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