Real Estate Investment Properties for Sale in Homewood, IL

Looking for investment property in Homewood, IL with high ROI ?

Explore a variety of short-term homes & houses in Homewood, IL. Invest wisely with VRBO & Homewood, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Homewood, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3360 184th Street unit: 3W Homewood, IL Move-in ready 2-bed, 2-bath condo with a cozy fireplace, private 1-car garage, and an over...	2 beds \| 2 baths \| 900 sq.ft.	$145,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 7.69% Airbnb Rental Income: $1275 Traditional Rental Income: $1839 Airbnb ROI: 0.74% Traditional ROI: 7.69%
1750 183rd Street Homewood, IL Opportunity awaits with this spacious 4-bedroom, 3-bathroom home featuring a thoughtfully ...	3 beds \| 3 baths \| 1,300 sq.ft.	$249,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.61% Airbnb Rental Income: $1711 Traditional Rental Income: $2248 Airbnb ROI: 0.31% Traditional ROI: 4.61%
17563 Western Avenue Homewood, IL Two bedroom one bath home with large rec room , detached garage New roof. Laminate floorin...	2 beds \| 1 baths \| 975 sq.ft.	$194,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.64% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: 0.45% Traditional ROI: 4.64%
2807 Willow Road unit: 103 Homewood, IL Here's your chance to own an affordable first floor condo in a prime Homewood location! Mi...	2 beds \| 2 baths \| 1,037 sq.ft.	$120,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 8.38% Airbnb Rental Income: $1275 Traditional Rental Income: $1816 Airbnb ROI: 0.24% Traditional ROI: 8.38%
1828 183rd Street Homewood, IL Welcome home to this beautifully updated 3-bedroom, 2-bath ranch in desirable Homewood! Id...	3 beds \| 2 baths \| 1,344 sq.ft.	$189,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 7.09% Airbnb Rental Income: $1711 Traditional Rental Income: $2224 Airbnb ROI: 1.6% Traditional ROI: 7.09%
2533 Hickory Road Homewood, IL Welcome to 2533 Hickory Road in the highly sought-after Ravisloe Country Club estate secti...	4 beds \| 2 baths \| 1,632 sq.ft.	$340,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.47% Airbnb Rental Income: $1922 Traditional Rental Income: $2404 Airbnb ROI: 0.37% Traditional ROI: 3.47%
2440 183rd Street Homewood, IL Yes!! It is perfect!! This adorable Homewood home is looking for its new owners. Move righ...	2 beds \| 2 baths \| 1,176 sq.ft.	$245,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.1% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: -1.23% Traditional ROI: 2.1%
830 Elder Road unit: 111 Homewood, IL Spacious first-floor 2-bedroom, 2-bath condo with private patio and garage parking. The un...	2 beds \| 2 baths \| 900 sq.ft.	$80,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 10.43% Airbnb Rental Income: $1275 Traditional Rental Income: $1708 Airbnb ROI: -0.17% Traditional ROI: 10.43%
1124 Jamie Lane Homewood, IL WELCOME TO THIS STUNNING 3-BEDROOM, 2-BATHROOM HOME, LOCATED IN ONE OF THE MOST SOUGHT-AFT...	3 beds \| 2 baths \| 1,249 sq.ft.	$339,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.91% Airbnb Rental Income: $1711 Traditional Rental Income: $2153 Airbnb ROI: 0.04% Traditional ROI: 2.91%
1339 Heather Road Homewood, IL Welcome Home! This beautifully updated 3-bedroom, 2-bathroom split level house in quiet Ho...	3 beds \| 2 baths \| 1,650 sq.ft.	$349,700	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.19% Airbnb Rental Income: $1711 Traditional Rental Income: $2188 Airbnb ROI: 0.3% Traditional ROI: 3.19%
1208 Evergreen Road Homewood, IL Beautiful Split-Level home in Homewood! Welcome to this spacious 3-bedroom, 2-bathroom spl...	3 beds \| 2 baths \| 1,174 sq.ft.	$224,999	Airbnb cash on cash: 0.59% Traditional cash on cash: 6.79% Airbnb Rental Income: $1711 Traditional Rental Income: $2558 Airbnb ROI: 0.59% Traditional ROI: 6.79%
17833 Harwood Avenue Homewood, IL 2-bedroom home with new flooring, new kitchen with white shaker cabinets and quartz counte...	2 beds \| 1 baths \| 744 sq.ft.	$184,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 4.4% Airbnb Rental Income: $1275 Traditional Rental Income: $1429 Airbnb ROI: 1.24% Traditional ROI: 4.4%
1415 Burr Oak Road Homewood, IL Four Bedroom, 2 Bathroom Two Level Home with a full basement and Detached garage. Spacious...	4 beds \| 2 baths \| 2,170 sq.ft.	$230,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.53% Airbnb Rental Income: $1922 Traditional Rental Income: $2985 Airbnb ROI: 0.31% Traditional ROI: 7.53%
940 Holbrook Road unit: 6A Homewood, IL This first floor condo is in an amazing location in Cameo Condominiums 55+ community. Two-...	2 beds \| 1 baths \| 950 sq.ft.	$120,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 8.72% Airbnb Rental Income: $1275 Traditional Rental Income: $1826 Airbnb ROI: 0.49% Traditional ROI: 8.72%
1524 Olive Road Homewood, IL Stylish, Spacious & Fully Rehabbed - Move-In Ready Home in the Heart of Homewood! Don'...	2 beds \| 2 baths \| 1,229 sq.ft.	$249,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.07% Airbnb Rental Income: $1275 Traditional Rental Income: $2111 Airbnb ROI: -0.17% Traditional ROI: 5.07%
1236 Olive Road Homewood, IL This gorgeous 4 Bed 3.5 Bath Updated 2-story w/top of the line finishes including beautifu...	3 beds \| 4 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.7% Airbnb Rental Income: $1711 Traditional Rental Income: $2736 Airbnb ROI: -0.86% Traditional ROI: 3.7%
18024 Marlin Lane Homewood, IL Welcome to this cozy and beautifully maintained home in desirable Dolphin Lakes Estates of...	4 beds \| 3 baths \| 1,980 sq.ft.	$354,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.09% Airbnb Rental Income: $1922 Traditional Rental Income: $2626 Airbnb ROI: 0.44% Traditional ROI: 4.09%
18509 Stedhall Road Homewood, IL Solid brick and vinyl 3-bedroom, 2-bathroom home with a bonus room in the basement, ready ...	3 beds \| 2 baths \| 938 sq.ft.	$227,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.19% Airbnb Rental Income: $1711 Traditional Rental Income: $2028 Airbnb ROI: 1.51% Traditional ROI: 5.19%
18823 Ashland Avenue Homewood, IL Stunning 4-bedroom, 2-bath home nestled on a serene side street in Homewood! This charming...	3 beds \| 2 baths \| 1,418 sq.ft.	$256,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.17% Airbnb Rental Income: $1711 Traditional Rental Income: $2189 Airbnb ROI: 0.23% Traditional ROI: 4.17%
1624 Burr Oak Road Homewood, IL Beautifully renovated in 2024, this charming Homewood bungalow combines timeless character...	3 beds \| 2 baths \| 1,300 sq.ft.	$345,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.96% Airbnb Rental Income: $1711 Traditional Rental Income: $2088 Airbnb ROI: 0.33% Traditional ROI: 2.96%
18229 Hart Drive Homewood, IL Wonderful investment opportunity for this brick 4-unit building! Always fully rented with ...	7 beds \| 4 baths \| N/A	$535,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 1% Airbnb Rental Income: $3009 Traditional Rental Income: $2602 Airbnb ROI: 0.43% Traditional ROI: 1%
1617 183RD Street Homewood, IL Welcome to 1617 183rd St in Homewood! This charming 2-story home offers the perfect blend ...	3 beds \| 2 baths \| 1,569 sq.ft.	$229,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.38% Airbnb Rental Income: $1711 Traditional Rental Income: $2235 Airbnb ROI: 0.78% Traditional ROI: 5.38%
2045 Downey Road Homewood, IL Beautiful 3 bed, 2 bath home in Homewood featuring a stunning open kitchen with island tha...	3 beds \| 2 baths \| 1,798 sq.ft.	$232,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1711 Traditional Rental Income: $2430 Airbnb ROI: 0.19% Traditional ROI: 5.62%
18646 Palmer Circle Homewood, IL This charming 1,800-square-foot Cape Cod home sits in one of the friendliest neighborhoods...	4 beds \| 2 baths \| 1,397 sq.ft.	$220,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.53% Airbnb Rental Income: $1922 Traditional Rental Income: $2316 Airbnb ROI: 2.19% Traditional ROI: 6.53%
18462 Dixie Highway Homewood, IL	3 beds \| 3 baths \| 1,180 sq.ft.	$379,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.99% Airbnb Rental Income: $1711 Traditional Rental Income: $2387 Airbnb ROI: 1.76% Traditional ROI: 4.99%
903 Elder Road unit: 7 Homewood, IL Beautifully spacious and maintained home in the desirable community of Homewood, Illinois!...	2 beds \| 1 baths \| N/A	$95,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 9.26% Airbnb Rental Income: $1275 Traditional Rental Income: $1624 Airbnb ROI: 1.16% Traditional ROI: 9.26%
18430 Aberdeen Street Homewood, IL Well-maintained brick home offering comfort, space, and a great layout! The main level fea...	3 beds \| 2 baths \| 1,223 sq.ft.	$246,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.06% Airbnb Rental Income: $1711 Traditional Rental Income: $2099 Airbnb ROI: 0.35% Traditional ROI: 4.06%
930 Coach Road Homewood, IL BRAND NEW APPLIANCES! This is a fantastic opportunity to get into a sought-after Homewood ...	3 beds \| 2 baths \| 1,351 sq.ft.	$222,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 5.1% Airbnb Rental Income: $1711 Traditional Rental Income: $2144 Airbnb ROI: 0.79% Traditional ROI: 5.1%
1834 TERRACE Road Homewood, IL Welcome to this inviting 3-bedroom, 1.5-bathroom split-level home, offering comfort, chara...	3 beds \| 2 baths \| 1,676 sq.ft.	$285,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.72% Airbnb Rental Income: $1711 Traditional Rental Income: $2412 Airbnb ROI: 0.34% Traditional ROI: 4.72%

Real Estate investment in Homewood, IL

There are 67 properties for sale in the city of Homewood . The median list price in Homewood is $235,000 and the average price per square foot is $166. In April 2026, the average monthly cash on cash return in Homewood is 5.00%. The average monthly rental income in Homewood is $2,144.

Homewood, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 67 investment properties available for sale in Homewood.

In 2026, the best neighborhood to buy investment property is Homewood.

The ROI for Short-Term is higher than the Long-Term in Homewood with average rental income of $1,711.

Your search for investment property begins and ends here

Investment Property for Sale in Homewood, IL

3360 184th Street unit: 3W

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$145,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1275

Traditional Rental Income: $1839

Airbnb ROI: 0.74%

Traditional ROI: 7.69%

1750 183rd Street

Homewood, IL

3 beds | 3 baths | 1,300 sq.ft.

$249,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1711

Traditional Rental Income: $2248

Airbnb ROI: 0.31%

Traditional ROI: 4.61%

17563 Western Avenue

Homewood, IL

2 beds | 1 baths | 975 sq.ft.

$194,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1275

Traditional Rental Income: $1645

Airbnb ROI: 0.45%

Traditional ROI: 4.64%

2807 Willow Road unit: 103

Homewood, IL

2 beds | 2 baths | 1,037 sq.ft.

$120,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 8.38%

Airbnb Rental Income: $1275

Traditional Rental Income: $1816

Airbnb ROI: 0.24%

Traditional ROI: 8.38%

1828 183rd Street

Homewood, IL

3 beds | 2 baths | 1,344 sq.ft.

$189,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 7.09%

Airbnb Rental Income: $1711

Traditional Rental Income: $2224

Airbnb ROI: 1.6%

Traditional ROI: 7.09%

2533 Hickory Road

Homewood, IL

4 beds | 2 baths | 1,632 sq.ft.

$340,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1922

Traditional Rental Income: $2404

Airbnb ROI: 0.37%

Traditional ROI: 3.47%

2440 183rd Street

Homewood, IL

2 beds | 2 baths | 1,176 sq.ft.

$245,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1275

Traditional Rental Income: $1645

Airbnb ROI: -1.23%

Traditional ROI: 2.1%

830 Elder Road unit: 111

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$80,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 10.43%

Airbnb Rental Income: $1275

Traditional Rental Income: $1708

Airbnb ROI: -0.17%