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
1104 Loganbury Court #0 Elgin, IL Beautiful 2-story townhome tucked away in a quiet cul-de-sac location! Enjoy the dramatic ...	2 beds \| 3 baths \| 1,835 sq.ft.	$365,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.76% Airbnb Rental Income: $1090 Traditional Rental Income: $2734 Airbnb ROI: -1.12% Traditional ROI: 4.76%
712 W HIGHLAND Avenue #4 Elgin, IL Spacious 2-bedroom, 1-bath condo featuring laminate flooring and an inviting floor plan. T...	2 beds \| 1 baths \| 1,075 sq.ft.	$187,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 6% Airbnb Rental Income: $1090 Traditional Rental Income: $1807 Airbnb ROI: -0.12% Traditional ROI: 6%
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.	$384,900	Airbnb cash on cash: -1.77% Traditional cash on cash: 4.01% Airbnb Rental Income: $1090 Traditional Rental Income: $2807 Airbnb ROI: -1.77% Traditional ROI: 4.01%
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.	$379,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.93% Airbnb Rental Income: $1967 Traditional Rental Income: $2166 Airbnb ROI: 0.92% Traditional ROI: 2.93%
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.	$175,000	Airbnb cash on cash: -2.98% Traditional cash on cash: 3.3% Airbnb Rental Income: $1090 Traditional Rental Income: $1765 Airbnb ROI: -2.98% Traditional ROI: 3.3%
233 Pawtucket Avenue Elgin, IL Gorgeous recently remodled two story home in the lovely Providence subdivision of Elgin! T...	5 beds \| 4 baths \| 2,522 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $3458 Airbnb ROI: N/A Traditional ROI: 3.75%
484 Hickory Place Elgin, IL Make this your next investment opportunity! This 3-bedroom, 2-bath home sits on a quiet, l...	3 beds \| 2 baths \| 2,136 sq.ft.	$223,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 9.07% Airbnb Rental Income: $1967 Traditional Rental Income: $2607 Airbnb ROI: 3.59% Traditional ROI: 9.07%
1300 Wolff Avenue Elgin, IL Over $120k in Updates! Spacious 4-bed, 3-bath home on a desirable corner lot with 2-car ga...	4 beds \| 3 baths \| 2,100 sq.ft.	$435,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.73% Airbnb Rental Income: $1941 Traditional Rental Income: $2965 Airbnb ROI: 1.96% Traditional ROI: 5.73%
444 Prairie Street Elgin, IL Located in Elgin's Historic District, this Farmhouse/Queen Anne style home offers over 2,1...	4 beds \| 2 baths \| 2,116 sq.ft.	$325,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.34% Airbnb Rental Income: $1941 Traditional Rental Income: $2644 Airbnb ROI: 1.36% Traditional ROI: 5.34%
1044 Reserve Drive #1044 Elgin, IL Discover the perfect balance of style, comfort, and convenience in this beautifully update...	3 beds \| 3 baths \| N/A	$339,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.42% Airbnb Rental Income: $1967 Traditional Rental Income: $2303 Airbnb ROI: 0.75% Traditional ROI: 3.42%
1121 Forest Drive Elgin, IL Introducing this good vibes ranch in the lovely Century Oaks East neighborhood in Elgin! 1...	3 beds \| 2 baths \| 1,860 sq.ft.	$439,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.35% Airbnb Rental Income: $1967 Traditional Rental Income: $2550 Airbnb ROI: 0.67% Traditional ROI: 3.35%
38w144 Beckman Trail Elgin, IL Welcome to a home that feels like possibility. This 4-bedroom, 2-bath Elgin split-level si...	4 beds \| 2 baths \| 1,800 sq.ft.	$389,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.37% Airbnb Rental Income: $1941 Traditional Rental Income: $2801 Airbnb ROI: 0.6% Traditional ROI: 4.37%
1996 College Green Drive Elgin, IL Welcome to this beautifully updated 3-bedroom townhouse with modern finishes and thoughtfu...	3 beds \| 2 baths \| 1,254 sq.ft.	$270,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 4.62% Airbnb Rental Income: $1967 Traditional Rental Income: $2125 Airbnb ROI: 1.97% Traditional ROI: 4.62%
518 Clark Street Elgin, IL Well kept & beautiful solid 3 beds, 2.1 baths brick ranch. This home is ready to move into...	3 beds \| 3 baths \| 1,814 sq.ft.	$369,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.38% Airbnb Rental Income: $1967 Traditional Rental Income: $2644 Airbnb ROI: 0.93% Traditional ROI: 4.38%
1106 Canterbury Court #A Elgin, IL Welcome to 1106 Canterbury Court, Unit A in Elgin. This move-in ready two bedroom, two bat...	2 beds \| 2 baths \| 1,175 sq.ft.	$230,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 6.02% Airbnb Rental Income: $1090 Traditional Rental Income: $2250 Airbnb ROI: -1.01% Traditional ROI: 6.02%
3604 Harmony Circle Elgin, IL Welcome to your next chapter in the sought-after Highland Woods community. 3604 Harmony C...	5 beds \| 4 baths \| 4,000 sq.ft.	$714,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $3422 Airbnb ROI: N/A Traditional ROI: 1.71%
1301 Little John Drive Elgin, IL Looking for S-P-A-C-E? Mid-century renovated ranch home on almost 3/4 Acre lot with mature...	3 beds \| 2 baths \| 1,872 sq.ft.	$424,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.85% Airbnb Rental Income: $1967 Traditional Rental Income: $2557 Airbnb ROI: 1.07% Traditional ROI: 3.85%
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: -1.05% Traditional cash on cash: 1.46% Airbnb Rental Income: $1967 Traditional Rental Income: $2946 Airbnb ROI: -1.05% 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.	$618,095	Airbnb cash on cash: -1.19% Traditional cash on cash: 2.23% Airbnb Rental Income: $1941 Traditional Rental Income: $3400 Airbnb ROI: -1.19% Traditional ROI: 2.23%
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: -1.17% Traditional cash on cash: 1.15% Airbnb Rental Income: $1967 Traditional Rental Income: $2914 Airbnb ROI: -1.17% Traditional ROI: 1.15%
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: 0.96% Traditional cash on cash: 4.03% Airbnb Rental Income: $1941 Traditional Rental Income: $3314 Airbnb ROI: 0.96% 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: -1.17% Traditional cash on cash: 1.18% Airbnb Rental Income: $1967 Traditional Rental Income: $2925 Airbnb ROI: -1.17% 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: 0.98% Traditional cash on cash: 4.24% Airbnb Rental Income: $1941 Traditional Rental Income: $3403 Airbnb ROI: 0.98% Traditional ROI: 4.24%

Real Estate investment in Elgin, IL

There are 180 properties for sale in the city of Elgin . The median list price in Elgin is $349,900 and the average price per square foot is $171. In October 2025, the average monthly cash on cash return in Elgin is 4.00%. The average monthly rental income in Elgin is $2,550.

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

There are 180 investment properties available for sale in Elgin.

In 2025, 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 $2,550.

Your search for investment property begins and ends here

Investment Property for Sale in Elgin, IL

1104 Loganbury Court #0

Elgin, IL

2 beds | 3 baths | 1,835 sq.ft.

$365,000

Airbnb cash on cash: -1.12%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1090

Traditional Rental Income: $2734

Airbnb ROI: -1.12%

Traditional ROI: 4.76%

712 W HIGHLAND Avenue #4

Elgin, IL

2 beds | 1 baths | 1,075 sq.ft.

$187,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 6%

Airbnb Rental Income: $1090

Traditional Rental Income: $1807

Airbnb ROI: -0.12%

Traditional ROI: 6%

519 Shagbark Drive

Elgin, IL

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

$384,900

Airbnb cash on cash: -1.77%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $1090

Traditional Rental Income: $2807

Airbnb ROI: -1.77%

Traditional ROI: 4.01%

609 N Lyle Avenue

Elgin, IL

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

$379,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $1967

Traditional Rental Income: $2166

Airbnb ROI: 0.92%

Traditional ROI: 2.93%

764 TERRACE Court #A

Elgin, IL

2 beds | 1 baths | 864 sq.ft.

$175,000

Airbnb cash on cash: -2.98%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1090

Traditional Rental Income: $1765

Airbnb ROI: -2.98%

Traditional ROI: 3.3%

233 Pawtucket Avenue

Elgin, IL

5 beds | 4 baths | 2,522 sq.ft.

$515,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.75%

Airbnb Rental Income: $null

Traditional Rental Income: $3458

Airbnb ROI: N/A

Traditional ROI: 3.75%

484 Hickory Place

Elgin, IL

3 beds | 2 baths | 2,136 sq.ft.

$223,000

Airbnb cash on cash: 3.59%

Traditional cash on cash: 9.07%

Airbnb Rental Income: $1967

Traditional Rental Income: $2607

Airbnb ROI: 3.59%

Traditional ROI: 9.07%

1300 Wolff Avenue

Elgin, IL

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

$435,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $1941

Traditional Rental Income: $2965

Airbnb ROI: 1.96%