Real Estate Investment Properties for Sale in Effingham, IL

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

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

Multi Family for Sale in Effingham, IL

Search for Multi Family for Sale in Effingham, Illinois. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 1 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
702 W Fayette Ave Effingham, IL 702 W Fayette Ave, Effingham, IL 62401 \| Multi Family	N/A beds \| N/A baths \| 0 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $953 Airbnb ROI: N/A Traditional ROI: 1.8%
Other Investment Properties for Sale in Effingham
104 S Willow St Effingham , IL Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 1 baths \| 1,995 sq.ft.	$142,999	Airbnb cash on cash: 5.52% Traditional cash on cash: 9.62% Airbnb Rental Income: $1641 Traditional Rental Income: $1741 Airbnb ROI: 5.52% Traditional ROI: 9.62%
308 E Kreke Ave Effingham , IL Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	2 beds \| 2 baths \| 765 sq.ft.	$139,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.62% Airbnb Rental Income: $null Traditional Rental Income: $1407 Airbnb ROI: N/A Traditional ROI: 8.62%
14326 E Persimmon Ave Effingham , IL 14326 E Persimmon Ave, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 2,000 sq.ft.	$278,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.24% Airbnb Rental Income: $1641 Traditional Rental Income: $2321 Airbnb ROI: 0.89% Traditional ROI: 5.24%
1105 Merchant St Effingham , IL 1105 Merchant St, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 1,296 sq.ft.	$154,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 8.68% Airbnb Rental Income: $1641 Traditional Rental Income: $1910 Airbnb ROI: 3.89% Traditional ROI: 8.68%
406 W Kentucky Ave Effingham , IL 406 W Kentucky Ave, Effingham, IL 62401 \| Single Family Residential	3 beds \| 3 baths \| 3,492 sq.ft.	$340,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.91% Airbnb Rental Income: $1641 Traditional Rental Income: $2741 Airbnb ROI: 0.1% Traditional ROI: 4.91%
506 Bent Tree Dr Effingham , IL 506 Bent Tree Dr, Effingham, IL 62401 \| Single Family Residential	3 beds \| 2 baths \| 3,418 sq.ft.	$349,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.65% Airbnb Rental Income: $1641 Traditional Rental Income: $2079 Airbnb ROI: -0.02% Traditional ROI: 2.65%
9219 E Best Ct Effingham , IL 9219 E Best Ct, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 2,860 sq.ft.	$1,950,000	Airbnb cash on cash: -2.92% Traditional cash on cash: -1.58% Airbnb Rental Income: $1089 Traditional Rental Income: $3137 Airbnb ROI: -2.92% Traditional ROI: -1.58%
504 A&B E Hendelmeyer Ave #B Effingham , IL 504 A&B E Hendelmeyer Ave #B, Effingham, IL 62401 \| Single Family Residential	4 beds \| 2 baths \| 1,832 sq.ft.	$262,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $1395 Airbnb ROI: N/A Traditional ROI: 1.88%
11154 E Ravenwood Ct Effingham , IL 11154 E Ravenwood Ct, Effingham, IL 62401 \| Single Family Residential	4 beds \| 3 baths \| 4,797 sq.ft.	$599,900	Airbnb cash on cash: -2.19% Traditional cash on cash: 1.68% Airbnb Rental Income: $1089 Traditional Rental Income: $2994 Airbnb ROI: -2.19% Traditional ROI: 1.68%
11107 E Cambridge Ln Effingham , IL 11107 E Cambridge Ln, Effingham, IL 62401 \| Single Family Residential	8 beds \| 4 baths \| 7,879 sq.ft.	$989,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.22% Airbnb Rental Income: $3288 Traditional Rental Income: $3300 Airbnb ROI: -0.59% Traditional ROI: 0.22%
8434 Meadowview Rd Effingham , IL 8434 Meadowview Rd, Effingham, IL 62401 \| Single Family Residential	5 beds \| 3 baths \| 4,134 sq.ft.	$535,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.91% Airbnb Rental Income: $3288 Traditional Rental Income: $3175 Airbnb ROI: 1.67% Traditional ROI: 2.91%
15690 E 1100th Ave Effingham , IL 15690 E 1100th Ave, Effingham, IL 62401 \| Single Family Residential	3 beds \| 3 baths \| 4,376 sq.ft.	$520,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 1.73% Airbnb Rental Income: $1641 Traditional Rental Income: $2631 Airbnb ROI: -1.12% Traditional ROI: 1.73%
E 1600th St Effingham , IL E 1600th St, Effingham, IL 62401 \| Other	N/A beds \| N/A baths \| 1,782 sq.ft.	$545,700	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.76% Airbnb Rental Income: $1344 Traditional Rental Income: $2647 Airbnb ROI: -1.61% Traditional ROI: 1.76%
1600 W Fayette Ave Effingham , IL 1600 W Fayette Ave, Effingham, IL 62401 \| Other	N/A beds \| N/A baths \| N/A	$1,200,000	Airbnb cash on cash: -2.51% Traditional cash on cash: -2.46% Airbnb Rental Income: $1344 Traditional Rental Income: $986 Airbnb ROI: -2.51% Traditional ROI: -2.46%

Your search for investment property begins and ends here

Multi Family for Sale in Effingham, IL

702 W Fayette Ave

Effingham, IL

N/A beds | N/A baths | 0 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.8%

Airbnb Rental Income: $null

Traditional Rental Income: $953

Airbnb ROI: N/A

Traditional ROI: 1.8%

Other Investment Properties for Sale in Effingham

Effingham , IL

3 beds | 1 baths | 1,995 sq.ft.

$142,999

Airbnb cash on cash: 5.52%

Traditional cash on cash: 9.62%

Airbnb Rental Income: $1641

Traditional Rental Income: $1741

Airbnb ROI: 5.52%

Traditional ROI: 9.62%

Effingham , IL

2 beds | 2 baths | 765 sq.ft.

$139,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1407

Airbnb ROI: N/A

Traditional ROI: 8.62%

Effingham , IL

3 beds | 2 baths | 2,000 sq.ft.

$278,900

Airbnb cash on cash: 0.89%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1641

Traditional Rental Income: $2321

Airbnb ROI: 0.89%

Traditional ROI: 5.24%

Effingham , IL

3 beds | 2 baths | 1,296 sq.ft.

$154,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 8.68%

Airbnb Rental Income: $1641

Traditional Rental Income: $1910

Airbnb ROI: 3.89%

Traditional ROI: 8.68%

Effingham , IL

3 beds | 3 baths | 3,492 sq.ft.

$340,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1641

Traditional Rental Income: $2741

Airbnb ROI: 0.1%

Traditional ROI: 4.91%

Effingham , IL

3 beds | 2 baths | 3,418 sq.ft.

$349,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1641

Traditional Rental Income: $2079

Airbnb ROI: -0.02%

Traditional ROI: 2.65%

Effingham , IL

4 beds | 3 baths | 2,860 sq.ft.

$1,950,000

Airbnb cash on cash: -2.92%

Traditional cash on cash: -1.58%

Airbnb Rental Income: $1089

Traditional Rental Income: $3137

Airbnb ROI: -2.92%

Traditional ROI: -1.58%

Effingham , IL

4 beds | 2 baths | 1,832 sq.ft.

$262,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.88%