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
515 Walnut Avenue Elgin, IL 4 bedroom home with oversized 2 car garage! Hardwood floor on the main level with the larg...	4 beds \| 2 baths \| 1,725 sq.ft.	$279,500	Airbnb cash on cash: -1.04% Traditional cash on cash: 6.2% Airbnb Rental Income: $943 Traditional Rental Income: $2504 Airbnb ROI: -1.04% Traditional ROI: 6.2%
1102 Iron Horse Court Elgin, IL STUNNING BOWES CREEK COUNTRY CLUB TOWNHOME WITH NO EXPENSE SPARED! Prepare to be impressed...	3 beds \| 3 baths \| 2,282 sq.ft.	$430,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.11% Airbnb Rental Income: $1939 Traditional Rental Income: $2854 Airbnb ROI: -0.44% Traditional ROI: 3.11%
483 Barrett St Elgin, IL Beautifully updated and move-in ready! Nestled on a picturesque, tree-lined street near El...	4 beds \| 2 baths \| 1,686 sq.ft.	$355,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 4.46% Airbnb Rental Income: $943 Traditional Rental Income: $2391 Airbnb ROI: -0.93% Traditional ROI: 4.46%
3811 Ivy Ln Elgin, IL SPARKLING CLEAN NORTH FACING CORNER LOT, RYAN HOME. GORGEOUS VENICE PLAN 2-STORY WITH IMPR...	4 beds \| 2 baths \| 2,486 sq.ft.	$584,990	Airbnb cash on cash: -1.91% Traditional cash on cash: 2.14% Airbnb Rental Income: $943 Traditional Rental Income: $2807 Airbnb ROI: -1.91% Traditional ROI: 2.14%
2789 Randall Ridge Dr Elgin, IL This home is shows like a model. Gorgeous finishes and well maintained. Beautifully updat...	4 beds \| 2 baths \| 2,603 sq.ft.	$500,000	Airbnb cash on cash: -1.73% Traditional cash on cash: 2.54% Airbnb Rental Income: $943 Traditional Rental Income: $2593 Airbnb ROI: -1.73% Traditional ROI: 2.54%
326 Copper Springs Lane Elgin, IL You will be impressed by the solid bones of this meticulously maintained home in District ...	3 beds \| 3 baths \| 2,899 sq.ft.	$485,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.19% Airbnb Rental Income: $1939 Traditional Rental Income: $3031 Airbnb ROI: -0.35% Traditional ROI: 3.19%
726 W Highland Ave Elgin, IL Lovely Brick Tudor Style Home with great original woodwork, hardwood floors throughout and...	3 beds \| 1 baths \| 2,072 sq.ft.	$294,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.7% Airbnb Rental Income: $1939 Traditional Rental Income: $2239 Airbnb ROI: 1.78% Traditional ROI: 4.7%
3824 Honeysuckle Ln Elgin, IL Demand is high, inventory is low and RATES ARE AMAZING so stop renting and OWN a 3 bedroom...	3 beds \| 2 baths \| 1,756 sq.ft.	$370,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.61% Airbnb Rental Income: $1939 Traditional Rental Income: $2700 Airbnb ROI: -0.06% Traditional ROI: 3.61%
3303 Lafayette Street Elgin, IL Stunning 4 bedroom, 3.5 bath home with upgrades and designed for both everyday living and ...	4 beds \| 4 baths \| 4,190 sq.ft.	$599,900	Airbnb cash on cash: -2.1% Traditional cash on cash: 3.24% Airbnb Rental Income: $943 Traditional Rental Income: $3584 Airbnb ROI: -2.1% Traditional ROI: 3.24%
509 Kenneth Circle Elgin, IL Attractively updated 1-bedroom, 1-bath home featuring two private outdoor living spaces an...	1 beds \| 1 baths \| 1,064 sq.ft.	$189,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.75% Airbnb Rental Income: $1363 Traditional Rental Income: $1528 Airbnb ROI: 1.53% Traditional ROI: 4.75%
971 Demmond St Elgin, IL THE KEYS TO YOUR NEW HOME AWAIT! COME CHECK OUT THIS SOLID BUILT BRICK RANCH STYLE HOME IN...	4 beds \| 2 baths \| 1,323 sq.ft.	$373,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.94% Airbnb Rental Income: $943 Traditional Rental Income: $2267 Airbnb ROI: -0.83% Traditional ROI: 3.94%
3799 Gardenia Dr Elgin, IL Located in the highly-rated Burlington School Dist. This exquisite NEW Weston Model home ...	4 beds \| 2 baths \| 3,101 sq.ft.	$565,000	Airbnb cash on cash: -2.38% Traditional cash on cash: 2.13% Airbnb Rental Income: $943 Traditional Rental Income: $2974 Airbnb ROI: -2.38% Traditional ROI: 2.13%
2425 Daybreak Ct #0 Elgin, IL You will love this spacious condo in popular Mulberry Grove. Features open floor plan tha...	2 beds \| 1 baths \| 1,252 sq.ft.	$274,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.47% Airbnb Rental Income: $1726 Traditional Rental Income: $1913 Airbnb ROI: 0.91% Traditional ROI: 3.47%
3414 Cameron Dr Elgin, IL Stunning townhome in Elgin with beautiful curb appeal!! Walk inside to this gorgeous fresh...	2 beds \| 2 baths \| 1,756 sq.ft.	$314,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.33% Airbnb Rental Income: $1726 Traditional Rental Income: $2578 Airbnb ROI: -0.16% Traditional ROI: 4.33%
26 Monroe Avenue Elgin, IL Opportunity knocks! Situated on a beautiful tree-lined street in an established neighborho...	3 beds \| 2 baths \| 1,200 sq.ft.	$299,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 5.48% Airbnb Rental Income: $1939 Traditional Rental Income: $2350 Airbnb ROI: 2.21% Traditional ROI: 5.48%
10N827 Hawthorne Street Elgin, IL	2 beds \| 1 baths \| 890 sq.ft.	$279,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 2.7% Airbnb Rental Income: $1726 Traditional Rental Income: $1487 Airbnb ROI: 1.8% Traditional ROI: 2.7%
17 White Oak Lane Elgin, IL Hurry! Very rarely does a full detached home become available in Spring Oaks and you don't...	3 beds \| 2 baths \| 1,901 sq.ft.	$409,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.86% Airbnb Rental Income: $1939 Traditional Rental Income: $2366 Airbnb ROI: -0.59% Traditional ROI: 1.86%
1450 Plymouth Lane #501 Elgin, IL Welcome to Tyler Towers in Elgin! This bright and spacious condo offers an open-concept la...	2 beds \| 2 baths \| 1,200 sq.ft.	$199,500	Airbnb cash on cash: 2.18% Traditional cash on cash: 5.37% Airbnb Rental Income: $1726 Traditional Rental Income: $1854 Airbnb ROI: 2.18% Traditional ROI: 5.37%
265 Slade Ave Elgin, IL Welcome to this beautiful 4 Bedroom, 2 Full bathroom Move-In Ready Home located in the hea...	4 beds \| 2 baths \| 2,100 sq.ft.	$399,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.3% Airbnb Rental Income: $943 Traditional Rental Income: $2285 Airbnb ROI: -1.21% Traditional ROI: 3.3%
1450 Plymouth Lane #305 Elgin, IL 1200 SQ FOOTAGE OF LIVING SPACE IN THIS BEAUTIFUL CONDO!! THE LAYOUT IS PERFECT. SHOWS JUS...	2 beds \| 2 baths \| 1,200 sq.ft.	$209,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.48% Airbnb Rental Income: $1726 Traditional Rental Income: $1981 Airbnb ROI: 1.8% Traditional ROI: 5.48%
790 Wing St Elgin, IL Hurry! Great opportunity! Adorable bungalow situated on a deep corner lot! Oversized 2-1/2...	3 beds \| 1 baths \| 1,513 sq.ft.	$349,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.6% Airbnb Rental Income: $1939 Traditional Rental Income: $1670 Airbnb ROI: 2.86% Traditional ROI: 3.6%
1852 Chandolin Lane Elgin, IL BRICK FRONT OPTION * READY FOR JULY DELIVERY!! Homesite #0246 This new two-story home is t...	4 beds \| 4 baths \| 3,876 sq.ft.	$759,955	Airbnb cash on cash: -2.61% Traditional cash on cash: 1.42% Airbnb Rental Income: $943 Traditional Rental Income: $3453 Airbnb ROI: -2.61% Traditional ROI: 1.42%
3100 Holden Street Elgin, IL	4 beds \| 3 baths \| 2,438 sq.ft.	$550,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 5.09% Airbnb Rental Income: $943 Traditional Rental Income: $3400 Airbnb ROI: -0.36% Traditional ROI: 5.09%
3515 TOURNAMENT Drive Elgin, IL Luxuriously appointed and beautifully remodeled 4 BR, 3 bath home located on the 18th hole...	4 beds \| 3 baths \| 3,375 sq.ft.	$799,900	Airbnb cash on cash: -2.1% Traditional cash on cash: 1.51% Airbnb Rental Income: $943 Traditional Rental Income: $3291 Airbnb ROI: -2.1% Traditional ROI: 1.51%
315 Vandalia Street Elgin, IL	3 beds \| 2 baths \| 1,200 sq.ft.	$211,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 7.09% Airbnb Rental Income: $1939 Traditional Rental Income: $2214 Airbnb ROI: 3.15% Traditional ROI: 7.09%

Real Estate investment in Elgin, IL

There are 275 properties for sale in the city of Elgin . The median list price in Elgin is $337,826 and the average price per square foot is $145. In June 2026, the average monthly cash on cash return in Elgin is 3.00%. The average monthly rental income in Elgin is $2,504.

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

There are 275 investment properties available for sale in Elgin.

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

The ROI for Long-Term is higher than the Short-Term in Elgin with average rental income of $2,504.

Your search for investment property begins and ends here

Investment Property for Sale in Elgin, IL

515 Walnut Avenue

Elgin, IL

4 beds | 2 baths | 1,725 sq.ft.

$279,500

Airbnb cash on cash: -1.04%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $943

Traditional Rental Income: $2504

Airbnb ROI: -1.04%

Traditional ROI: 6.2%

1102 Iron Horse Court

Elgin, IL

3 beds | 3 baths | 2,282 sq.ft.

$430,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1939

Traditional Rental Income: $2854

Airbnb ROI: -0.44%

Traditional ROI: 3.11%

483 Barrett St

Elgin, IL

4 beds | 2 baths | 1,686 sq.ft.

$355,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $943

Traditional Rental Income: $2391

Airbnb ROI: -0.93%

Traditional ROI: 4.46%

3811 Ivy Ln

Elgin, IL

4 beds | 2 baths | 2,486 sq.ft.

$584,990

Airbnb cash on cash: -1.91%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $943

Traditional Rental Income: $2807

Airbnb ROI: -1.91%

Traditional ROI: 2.14%

2789 Randall Ridge Dr

Elgin, IL

4 beds | 2 baths | 2,603 sq.ft.

$500,000

Airbnb cash on cash: -1.73%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $943

Traditional Rental Income: $2593

Airbnb ROI: -1.73%

Traditional ROI: 2.54%

326 Copper Springs Lane

Elgin, IL

3 beds | 3 baths | 2,899 sq.ft.

$485,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1939

Traditional Rental Income: $3031

Airbnb ROI: -0.35%

Traditional ROI: 3.19%

726 W Highland Ave

Elgin, IL

3 beds | 1 baths | 2,072 sq.ft.

$294,900

Airbnb cash on cash: 1.78%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $1939

Traditional Rental Income: $2239

Airbnb ROI: 1.78%

Traditional ROI: 4.7%

3824 Honeysuckle Ln

Elgin, IL

3 beds | 2 baths | 1,756 sq.ft.

$370,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1939

Traditional Rental Income: $2700

Airbnb ROI: -0.06%