Real Estate Investment Properties for Sale in Elgin, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
22 CREEKSIDE Circle #D Elgin, IL Secure building. Spacious 3 bedroom, 2 bath 2nd floor condo has been completely remodeled!...	3 beds \| 2 baths \| 1,190 sq.ft.	$230,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.5% Airbnb Rental Income: $1685 Traditional Rental Income: $2283 Airbnb ROI: 0.59% Traditional ROI: 5.5%
796 Parkway Avenue Elgin, IL Discover the charm of 796 Parkway in Elgin, now featuring a fresh exterior paint job that ...	3 beds \| 1 baths \| 1,154 sq.ft.	$289,100	Airbnb cash on cash: 1.45% Traditional cash on cash: 4% Airbnb Rental Income: $1685 Traditional Rental Income: $1911 Airbnb ROI: 1.45% Traditional ROI: 4%
1721 Pin Oak Lane Elgin, IL Outstanding 2 story brick and vinyl with 4 bedrooms, 3 1/2 baths with full finished baseme...	4 beds \| 4 baths \| 3,096 sq.ft.	$625,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 3.42% Airbnb Rental Income: $953 Traditional Rental Income: $3633 Airbnb ROI: -1.77% Traditional ROI: 3.42%
519 Shagbark Drive Elgin, IL LIVE IN A FOREST OF TOWERING TREES HIGH ON A HILL YET CLOSE TO EVERYTHING YOU NEED! THIS S...	2 beds \| 4 baths \| 2,080 sq.ft.	$379,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 4.08% Airbnb Rental Income: $1281 Traditional Rental Income: $2807 Airbnb ROI: -1.34% Traditional ROI: 4.08%
609 N Lyle Avenue Elgin, IL Discover this rare, fully updated ranch-style home in the sought-after Valley Creek neighb...	3 beds \| 2 baths \| 1,440 sq.ft.	$365,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.08% Airbnb Rental Income: $1685 Traditional Rental Income: $2166 Airbnb ROI: 0.3% Traditional ROI: 3.08%
764 TERRACE Court #A Elgin, IL * The board has approved assessments to decrease on January 1, 2026 to 318.46.* Welc...	2 beds \| 1 baths \| 864 sq.ft.	$170,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 3.42% Airbnb Rental Income: $1281 Traditional Rental Income: $1765 Airbnb ROI: -2.05% Traditional ROI: 3.42%
13 Pioneer Park Place Elgin, IL Welcome to your new home at 13 Pioneer Park Place, perfectly located in a thriving and fam...	2 beds \| 3 baths \| 1,397 sq.ft.	$239,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.92% Airbnb Rental Income: $1281 Traditional Rental Income: $2269 Airbnb ROI: -0.21% Traditional ROI: 5.92%
279 Garden Drive Elgin, IL It's easy to fall in love with this home! Located on a tree-lined street in West Pointe G...	3 beds \| 3 baths \| 2,444 sq.ft.	$399,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 4.08% Airbnb Rental Income: $1685 Traditional Rental Income: $3032 Airbnb ROI: -0.78% Traditional ROI: 4.08%
481 Division Street Elgin, IL Charming 3-Bed / 1-Bath Home in Historic Elgin with Great Location & Local Perks Welcome ...	3 beds \| 1 baths \| 1,400 sq.ft.	$260,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 4.9% Airbnb Rental Income: $1685 Traditional Rental Income: $1959 Airbnb ROI: 1.87% Traditional ROI: 4.9%
455 Walnut Avenue Elgin, IL A rare and fully documented piece of Elgin history. This 1882 Victorian was originally bui...	3 beds \| 1 baths \| 1,671 sq.ft.	$155,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 6.39% Airbnb Rental Income: $1685 Traditional Rental Income: $1549 Airbnb ROI: 4.13% Traditional ROI: 6.39%
3134 Kyra Lane Elgin, IL Enjoy over 3,000 finished square feet in this spacious 3 bedroom duplex including a loft a...	3 beds \| 3 baths \| 2,450 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $2857 Airbnb ROI: N/A Traditional ROI: 4.52%
14n468 Bonnie Lane Elgin, IL If you've been searching for a peaceful property with room to grow, this is it. The large ...	4 beds \| 3 baths \| 2,184 sq.ft.	$544,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 3.35% Airbnb Rental Income: $953 Traditional Rental Income: $2910 Airbnb ROI: -1.18% Traditional ROI: 3.35%
1848 Chandolin Lane Elgin, IL Pre-Construction Pricing Available! Experience the charm and luxury of the Ridgefield Ranc...	3 beds \| 2 baths \| 2,171 sq.ft.	$637,990	Airbnb cash on cash: -1.45% Traditional cash on cash: 1.46% Airbnb Rental Income: $1685 Traditional Rental Income: $2946 Airbnb ROI: -1.45% Traditional ROI: 1.46%
1846 Chandolin Lane Elgin, IL Sold before print! Move-In Ready by November 2025! Welcome to Ponds of Stony Creek, a prem...	5 beds \| 4 baths \| 3,800 sq.ft.	$741,650	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $3365 Airbnb ROI: N/A Traditional ROI: 3.54%
3100 Holden Street Elgin, IL READY FOR JANUARY DELIVERY!! Introducing the Auburn model-a thoughtfully crafted two-story...	4 beds \| 3 baths \| 2,438 sq.ft.	$564,845	Airbnb cash on cash: -2.55% Traditional cash on cash: 2.75% Airbnb Rental Income: $953 Traditional Rental Income: $3400 Airbnb ROI: -2.55% Traditional ROI: 2.75%
1863 Chandolin Lane Elgin, IL SOLD BEFORE PRINT! Experience the charm and luxury of the Ridgefield Ranch, a beautifull...	3 beds \| 2 baths \| 2,171 sq.ft.	$675,446	Airbnb cash on cash: -1.55% Traditional cash on cash: 1.15% Airbnb Rental Income: $1685 Traditional Rental Income: $2914 Airbnb ROI: -1.55% Traditional ROI: 1.15%
1009 Augusta Avenue Elgin, IL Welcome to this charming home featuring 3 bedrooms, 2 full bathrooms, and a basement offer...	3 beds \| 3 baths \| 1,566 sq.ft.	$359,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.3% Airbnb Rental Income: $1685 Traditional Rental Income: $2374 Airbnb ROI: 0.87% Traditional ROI: 4.3%
1865 Chandolin Lane Elgin, IL Sold before print! Move-In Ready by November 2025! Welcome to Ponds of Stony Creek, a prem...	5 beds \| 4 baths \| 3,800 sq.ft.	$769,760	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $4121 Airbnb ROI: N/A Traditional ROI: 4.43%
1856 Diamond Drive Elgin, IL Sold before print! Move-In Ready by November 2025! Welcome to Ponds of Stony Creek, a prem...	4 beds \| 3 baths \| 3,415 sq.ft.	$656,990	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.03% Airbnb Rental Income: $953 Traditional Rental Income: $3314 Airbnb ROI: -0.39% Traditional ROI: 4.03%
1867 Chandolin Lane Elgin, IL Sold before print! Experience the charm and luxury of the Ridgefield Ranch, a beautifully ...	3 beds \| 2 baths \| 2,171 sq.ft.	$672,830	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.18% Airbnb Rental Income: $1685 Traditional Rental Income: $2925 Airbnb ROI: -1.54% Traditional ROI: 1.18%
3611 Sandstone Circle Elgin, IL SOLD BEFORE PRINT! Discover unparalleled living in the highly desirable Ponds of Stony Cr...	4 beds \| 3 baths \| 3,125 sq.ft.	$648,990	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.24% Airbnb Rental Income: $953 Traditional Rental Income: $3403 Airbnb ROI: -0.38% Traditional ROI: 4.24%
3620 Sahara Road Elgin, IL SOLD BEFORE PRINT! Move-In Ready by November 2025! Welcome to Ponds of Stony Creek, a prem...	4 beds \| 4 baths \| 3,799 sq.ft.	$750,150	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.48% Airbnb Rental Income: $953 Traditional Rental Income: $4061 Airbnb ROI: -0.46% Traditional ROI: 4.48%
3590 Sandstone Circle Elgin, IL Print Before Sold! Experience the charm and luxury of the Ridgefield Ranch in a clubhouse ...	3 beds \| 2 baths \| 2,171 sq.ft.	$701,830	Airbnb cash on cash: 0.37% Traditional cash on cash: 2.98% Airbnb Rental Income: $1685 Traditional Rental Income: $2927 Airbnb ROI: 0.37% Traditional ROI: 2.98%
453 Addison Street Elgin, IL Welcome to this charming and well maintained 2 bedroom, 1.5 bathroom home located on a tre...	2 beds \| 2 baths \| 1,352 sq.ft.	$250,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.62% Airbnb Rental Income: $1281 Traditional Rental Income: $2195 Airbnb ROI: 0.04% Traditional ROI: 5.62%
3591 sandstone Circle Elgin, IL Pre-Construction Pricing! Move-In Ready by November 2025! Welcome to Ponds of Stony Creek,...	4 beds \| 4 baths \| 3,876 sq.ft.	$745,990	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.55% Airbnb Rental Income: $953 Traditional Rental Income: $4086 Airbnb ROI: -0.46% Traditional ROI: 4.55%

Real Estate investment in Elgin, IL

There are 125 properties for sale in the city of Elgin . The median list price in Elgin is $359,900 and the average price per square foot is $174. In December 2025, the average monthly cash on cash return in Elgin is 4.00%. The average monthly rental income in Elgin is $2,552.

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

There are 125 investment properties available for sale in Elgin.

In 2025, the best neighborhood to buy investment property is Elgin.

The ROI for Short-Term is higher than the Long-Term in Elgin with average rental income of $1,281.

Your search for investment property begins and ends here

Investment Property for Sale in Elgin, IL

22 CREEKSIDE Circle #D

Elgin, IL

3 beds | 2 baths | 1,190 sq.ft.

$230,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1685

Traditional Rental Income: $2283

Airbnb ROI: 0.59%

Traditional ROI: 5.5%

796 Parkway Avenue

Elgin, IL

3 beds | 1 baths | 1,154 sq.ft.

$289,100

Airbnb cash on cash: 1.45%

Traditional cash on cash: 4%

Airbnb Rental Income: $1685

Traditional Rental Income: $1911

Airbnb ROI: 1.45%

Traditional ROI: 4%

1721 Pin Oak Lane

Elgin, IL

4 beds | 4 baths | 3,096 sq.ft.

$625,000

Airbnb cash on cash: -1.77%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $953

Traditional Rental Income: $3633

Airbnb ROI: -1.77%

Traditional ROI: 3.42%

519 Shagbark Drive

Elgin, IL

2 beds | 4 baths | 2,080 sq.ft.

$379,900

Airbnb cash on cash: -1.34%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1281

Traditional Rental Income: $2807

Airbnb ROI: -1.34%

Traditional ROI: 4.08%

609 N Lyle Avenue

Elgin, IL

3 beds | 2 baths | 1,440 sq.ft.

$365,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1685

Traditional Rental Income: $2166

Airbnb ROI: 0.3%

Traditional ROI: 3.08%

764 TERRACE Court #A

Elgin, IL

2 beds | 1 baths | 864 sq.ft.

$170,000

Airbnb cash on cash: -2.05%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1281

Traditional Rental Income: $1765

Airbnb ROI: -2.05%

Traditional ROI: 3.42%

13 Pioneer Park Place

Elgin, IL

2 beds | 3 baths | 1,397 sq.ft.

$239,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $1281

Traditional Rental Income: $2269

Airbnb ROI: -0.21%

Traditional ROI: 5.92%

279 Garden Drive

Elgin, IL

3 beds | 3 baths | 2,444 sq.ft.

$399,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1685

Traditional Rental Income: $3032

Airbnb ROI: -0.78%