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.

Townhouses for Sale in Elgin, IL

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

Showing 37 Townhouse 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
1102 Iron Horse Ct Elgin, IL STUNNING BOWES CREEK COUNTRY CLUB TOWNHOME WITH NO EXPENSE SPARED! Prepare to be impressed...	3 beds \| 2 baths \| 2,282 sq.ft.	$404,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.15% Airbnb Rental Income: $2076 Traditional Rental Income: $2854 Airbnb ROI: -0.14% Traditional ROI: 3.15%
1155 Falcon Ridge Dr Elgin, IL Wow! Premium end unit with gorgeous views of prairie and open grass! Private side entry! E...	3 beds \| 2 baths \| 2,402 sq.ft.	$439,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 1.8% Airbnb Rental Income: $2076 Traditional Rental Income: $2504 Airbnb ROI: -0.49% Traditional ROI: 1.8%
1447 Mackenzie Ln Elgin, IL This is one of the more desirable floor plans in the subdivision and these 3 bedroom units...	3 beds \| 3 baths \| N/A	$394,999	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.09% Airbnb Rental Income: $2076 Traditional Rental Income: $2563 Airbnb ROI: 0.37% Traditional ROI: 3.09%
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.	$350,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.7% Airbnb Rental Income: $2076 Traditional Rental Income: $2700 Airbnb ROI: 0.32% Traditional ROI: 3.7%
1248 Coldspring Rd Elgin, IL Beautiful, updated ranch townhome located in Cobblers Crossing in Elgin~ nothing to do but...	2 beds \| 2 baths \| 1,251 sq.ft.	$319,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.13% Airbnb Rental Income: $1814 Traditional Rental Income: $2267 Airbnb ROI: 0.99% Traditional ROI: 4.13%
442 Churchill Dr #442 Elgin, IL This stunning, totally move-in-ready townhome in Elgin's highly desirable West Ridge commu...	2 beds \| 2 baths \| 1,420 sq.ft.	$299,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.23% Airbnb Rental Income: $1814 Traditional Rental Income: $2326 Airbnb ROI: -0.21% Traditional ROI: 3.23%
176 Goldenrod Dr Elgin, IL Welcome to this amazing tri-level townhouse, featuring 3 spacious bedrooms and 2.5 baths, ...	3 beds \| 2 baths \| 1,758 sq.ft.	$359,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.53% Airbnb Rental Income: $2076 Traditional Rental Income: $2811 Airbnb ROI: 0.8% Traditional ROI: 4.53%
2375 Cove Ct Elgin, IL 2375 Cove Ct, Elgin, IL 60123 \| Townhouse	3 beds \| 2 baths \| 1,542 sq.ft.	$299,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.46% Airbnb Rental Income: $2076 Traditional Rental Income: $2099 Airbnb ROI: 0.52% Traditional ROI: 2.46%
3837 Currant Ln Elgin, IL 3837 Currant Ln, Elgin, IL 60124 \| Townhouse	3 beds \| 2 baths \| 1,686 sq.ft.	$350,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.86% Airbnb Rental Income: $2076 Traditional Rental Income: $2337 Airbnb ROI: 0.44% Traditional ROI: 2.86%
1009 Alberta Rd Elgin, IL 1009 Alberta Rd, Elgin, IL 60124 \| Townhouse	3 beds \| 2 baths \| 2,424 sq.ft.	$360,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.94% Airbnb Rental Income: $2076 Traditional Rental Income: $2493 Airbnb ROI: 0.12% Traditional ROI: 2.94%
645 Lancaster Circle Elgin, IL the buyer's financing fell through so this amazing home is back on the market for a limite...	2 beds \| 2 baths \| 1,585 sq.ft.	$299,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.19% Airbnb Rental Income: $1814 Traditional Rental Income: $2369 Airbnb ROI: 0.48% Traditional ROI: 4.19%
281 Governors Ln #281 Elgin, IL Rarely available ranch half-duplex that lives like a single-family home and offers the per...	3 beds \| 3 baths \| 1,858 sq.ft.	$399,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.85% Airbnb Rental Income: $1814 Traditional Rental Income: $2504 Airbnb ROI: -0.3% Traditional ROI: 2.85%
3138 Taunton St Elgin, IL 3138 Taunton St, Elgin, IL 60124 \| Townhouse	3 beds \| 2 baths \| 2,190 sq.ft.	$319,800	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.73% Airbnb Rental Income: $2076 Traditional Rental Income: $2305 Airbnb ROI: 0.19% Traditional ROI: 2.73%
4062 Pompton Ave Elgin, IL 4062 Pompton Ave, Elgin, IL 60124 \| Townhouse	3 beds \| 2 baths \| 2,079 sq.ft.	$347,500	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.36% Airbnb Rental Income: $2076 Traditional Rental Income: $2609 Airbnb ROI: 0.29% Traditional ROI: 3.36%
161 S Grove Ave Elgin, IL Welcome home to River Park Place, where modern comfort meets the vibrant energy of downtow...	2 beds \| 2 baths \| 1,970 sq.ft.	$354,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.9% Airbnb Rental Income: $1814 Traditional Rental Income: $2653 Airbnb ROI: -0.06% Traditional ROI: 3.9%
725 Littleton Trail #50-4 Elgin, IL 3BR/2.1BA townhouse in Fieldstone subdivision. The sun-drenched main level features an ove...	3 beds \| 3 baths \| 1,700 sq.ft.	$355,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 5.04% Airbnb Rental Income: $2076 Traditional Rental Income: $2599 Airbnb ROI: 1.87% Traditional ROI: 5.04%
3834 Gansett Pkwy Elgin, IL 3834 Gansett Pkwy, Elgin, IL 60124 \| Townhouse	3 beds \| 2 baths \| 1,756 sq.ft.	$355,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.81% Airbnb Rental Income: $2076 Traditional Rental Income: $2424 Airbnb ROI: 0.26% Traditional ROI: 2.81%
3386 Sanctuary Dr Elgin, IL Welcome home to this beautifully maintained and move-in-ready townhome offering 1,750 squa...	3 beds \| 2 baths \| 1,750 sq.ft.	$334,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.1% Airbnb Rental Income: $2076 Traditional Rental Income: $2452 Airbnb ROI: 0.32% Traditional ROI: 3.1%
1330 Todd Farm Dr Elgin, IL 1330 Todd Farm Dr, Elgin, IL 60123 \| Townhouse	3 beds \| 2 baths \| 1,400 sq.ft.	$349,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.33% Airbnb Rental Income: $2076 Traditional Rental Income: $1924 Airbnb ROI: 1.16% Traditional ROI: 2.33%
1144 Florimond Dr Elgin, IL 1144 Florimond Dr, Elgin, IL 60123 \| Townhouse	3 beds \| 3 baths \| 2,243 sq.ft.	$310,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.07% Airbnb Rental Income: $2076 Traditional Rental Income: $2480 Airbnb ROI: -0.1% Traditional ROI: 3.07%
102 Neutrenton Avenue Elgin, IL Welcome to this beautifully maintained two-story townhouse that perfectly combines style, ...	3 beds \| 3 baths \| 1,482 sq.ft.	$315,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.97% Airbnb Rental Income: $2076 Traditional Rental Income: $2382 Airbnb ROI: 2.13% Traditional ROI: 4.97%

Your search for investment property begins and ends here

Townhouses for Sale in Elgin, IL

1102 Iron Horse Ct

Elgin, IL

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

$404,900

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $2076

Traditional Rental Income: $2854

Airbnb ROI: -0.14%

Traditional ROI: 3.15%

1155 Falcon Ridge Dr

Elgin, IL

3 beds | 2 baths | 2,402 sq.ft.

$439,900

Airbnb cash on cash: -0.49%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $2076

Traditional Rental Income: $2504

Airbnb ROI: -0.49%

Traditional ROI: 1.8%

1447 Mackenzie Ln

Elgin, IL

3 beds | 3 baths | N/A

$394,999

Airbnb cash on cash: 0.37%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $2076

Traditional Rental Income: $2563

Airbnb ROI: 0.37%

Traditional ROI: 3.09%

3824 Honeysuckle Ln

Elgin, IL

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

$350,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $2076

Traditional Rental Income: $2700

Airbnb ROI: 0.32%

Traditional ROI: 3.7%

1248 Coldspring Rd

Elgin, IL

2 beds | 2 baths | 1,251 sq.ft.

$319,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1814

Traditional Rental Income: $2267

Airbnb ROI: 0.99%

Traditional ROI: 4.13%

442 Churchill Dr #442

Elgin, IL

2 beds | 2 baths | 1,420 sq.ft.

$299,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1814

Traditional Rental Income: $2326

Airbnb ROI: -0.21%

Traditional ROI: 3.23%

176 Goldenrod Dr

Elgin, IL

3 beds | 2 baths | 1,758 sq.ft.

$359,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $2076

Traditional Rental Income: $2811

Airbnb ROI: 0.8%

Traditional ROI: 4.53%

2375 Cove Ct

Elgin, IL

3 beds | 2 baths | 1,542 sq.ft.

$299,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $2076

Traditional Rental Income: $2099

Airbnb ROI: 0.52%