Real Estate Investment Properties for Sale in Carmi, IL

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

Explore a variety of short-term homes & houses in Carmi, IL. Invest wisely with VRBO & Carmi, 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 Carmi, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
208 4th Street Carmi, IL Be MESMERIZED By This Home EVERYDAY ...YOUR NEW HOME! Curb Appeal Calls You & Your Guests ...	3 beds \| 3 baths \| 3,685 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $2395 Airbnb ROI: N/A Traditional ROI: 7.09%
628 Oak St Carmi, IL What. A. Gem. Tucked away right on Oak St. This tudor style brick home is so cozy and welc...	3 beds \| 2 baths \| 1,800 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.39% Airbnb Rental Income: $null Traditional Rental Income: $2048 Airbnb ROI: N/A Traditional ROI: 9.39%
614 Montgomery Circle Carmi, IL NEW ROOF!!! The new roof provides peace of mind AND a 30-year transferable warranty! Locat...	3 beds \| 2 baths \| 1,997 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.2% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 8.2%
417 Montgomery Circle Carmi, IL Tucked away in the back of the beautiful community of Montgomery Circle is 417! This fanta...	3 beds \| 2 baths \| 2,100 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.53% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 9.53%
122 Paint Creek Lane Carmi, IL If you are looking for a beautifully remodeled ranch style home in a highly desirable neig...	3 beds \| 2 baths \| 1,580 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $2398 Airbnb ROI: N/A Traditional ROI: 9.08%
306 College Boulevard Carmi, IL @ 2025 Sq.Ft. on a Lovely Eastern Facing Country Backyard! Two Front entrances; A.) Fro...	3 beds \| 2 baths \| 2,025 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.75% Airbnb Rental Income: $null Traditional Rental Income: $2407 Airbnb ROI: N/A Traditional ROI: 11.75%
1673 County Road 1100 E Carmi, IL Stunning home situated on 5 +/- acres in the country - Conveniently located just minutes f...	3 beds \| 3 baths \| 3,650 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 7.33%
706 Montgomery Circle Carmi, IL Welcome to 706 Montgomery Circle-a charming three-bedroom, two bath, Bedford stone home ne...	3 beds \| 2 baths \| 1,900 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 9.08%
202 Montgomery Circle Carmi, IL This home has so many great features to share you must see them in person!! a 2019 remodel...	3 beds \| 2 baths \| 2,000 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.37% Airbnb Rental Income: $null Traditional Rental Income: $2422 Airbnb ROI: N/A Traditional ROI: 9.37%
1438 County Road 800 E Carmi, IL LOCATION IS EVERYTHING!!!! But....there's more....Location, Livability AND Luxury! This im...	4 beds \| 3 baths \| 2,955 sq.ft.	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $3275 Airbnb ROI: N/A Traditional ROI: 6.15%
205 Daras Ave Carmi, IL Hey Carmi! This one checks all the boxes! Immaculate 3 bed 2 bath brick ranch in Edgewood ...	3 beds \| 2 baths \| 2,100 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 7.27%
911 West Main Street Carmi, IL Charming 3-Bedroom Ranch with Spacious Living & Large Backyard Welcome home to this beaut...	3 beds \| 2 baths \| 1,800 sq.ft.	$109,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.15% Airbnb Rental Income: $null Traditional Rental Income: $1287 Airbnb ROI: N/A Traditional ROI: 10.15%
913 CO RD 1275 N Carmi, IL Charming Country Retreat on 2.18 Acres with Modern Updates and Expansive Pole Barn Discov...	5 beds \| 2 baths \| 1,904 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 5.05%
906 County Road 1350 North Carmi, IL ICONIC & Set Atop 3 Acres! 906 County Road 1350 North - Carmi Set To Please One & All......	3 beds \| 3 baths \| 2,919 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $3230 Airbnb ROI: N/A Traditional ROI: 4.15%
1598 CR 1100 E Carmi, IL Enjoy the best of both worlds with this charming brick home set on 3.46 peaceful acres jus...	4 beds \| 3 baths \| 2,300 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.82% Airbnb Rental Income: $null Traditional Rental Income: $3157 Airbnb ROI: N/A Traditional ROI: 10.82%

Real Estate investment in Carmi, IL

There are 15 properties for sale in the city of Carmi . The median list price in Carmi is $164,450 and the average price per square foot is $85. In December 2025, the average monthly cash on cash return in Carmi is 10.00%. The average monthly rental income in Carmi is $2,380.

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

There are 15 investment properties available for sale in Carmi.

The ROI for Short-Term is higher than the Long-Term in Carmi with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Carmi, IL

208 4th Street

Carmi, IL

3 beds | 3 baths | 3,685 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2395

Airbnb ROI: N/A

Traditional ROI: 7.09%

628 Oak St

Carmi, IL

3 beds | 2 baths | 1,800 sq.ft.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2048

Airbnb ROI: N/A

Traditional ROI: 9.39%

614 Montgomery Circle

Carmi, IL

3 beds | 2 baths | 1,997 sq.ft.

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2375

Airbnb ROI: N/A

Traditional ROI: 8.2%

417 Montgomery Circle

Carmi, IL

3 beds | 2 baths | 2,100 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2496

Airbnb ROI: N/A

Traditional ROI: 9.53%

122 Paint Creek Lane

Carmi, IL

3 beds | 2 baths | 1,580 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2398

Airbnb ROI: N/A

Traditional ROI: 9.08%

306 College Boulevard

Carmi, IL

3 beds | 2 baths | 2,025 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2407

Airbnb ROI: N/A

Traditional ROI: 11.75%

1673 County Road 1100 E

Carmi, IL

3 beds | 3 baths | 3,650 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2754

Airbnb ROI: N/A

Traditional ROI: 7.33%

706 Montgomery Circle

Carmi, IL

3 beds | 2 baths | 1,900 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2414

Airbnb ROI: N/A