Real Estate Investment Properties for Sale in Elizabeth, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
46 Oak Valley Elizabeth, IL Ranch Style home for Sale, Elizabeth, IL 61028. Two-bedroom, one-bathroom home located at ...	2 beds \| 1 baths \| 672 sq.ft.	$99,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 10.97% Airbnb Rental Income: $871 Traditional Rental Income: $1384 Airbnb ROI: 2.18% Traditional ROI: 10.97%
3310 S Apple River Elizabeth, IL Country living close to town with this beautifully remodeled home sitting on 1.12 acres ju...	2 beds \| 2 baths \| 1,000 sq.ft.	$299,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.47% Airbnb Rental Income: $871 Traditional Rental Income: $2035 Airbnb ROI: -0.85% Traditional ROI: 4.47%
314 S Main Elizabeth, IL REDUCED! Spacious, well maintained, 3 BR 3 Bath brick home located on a double lot in Eliz...	3 beds \| 3 baths \| 900 sq.ft.	$254,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 6.97% Airbnb Rental Income: $1834 Traditional Rental Income: $2184 Airbnb ROI: 3.46% Traditional ROI: 6.97%
110 W Catlin Elizabeth, IL Home sweet home! This charming, recently updated, 3 bedroom home offers something for ever...	3 beds \| 1 baths \| N/A	$184,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 7.87% Airbnb Rental Income: $1834 Traditional Rental Income: $1803 Airbnb ROI: 5.23% Traditional ROI: 7.87%
46 Oak Valley Dr Elizabeth, IL 46 Oak Valley Dr, Elizabeth, IL 61028 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$99,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 7.34% Airbnb Rental Income: $871 Traditional Rental Income: $1121 Airbnb ROI: 1.27% Traditional ROI: 7.34%
0 N Elizabeth Scales Mound Rd Elizabeth, IL 0 N Elizabeth Scales Mound Rd, Elizabeth, IL 61028 \| Other	N/A beds \| N/A baths \| N/A	$295,000	Airbnb cash on cash: 0.45% Traditional cash on cash: -1.36% Airbnb Rental Income: $1568 Traditional Rental Income: $614 Airbnb ROI: 0.45% Traditional ROI: -1.36%
TBD US Route 20 Elizabeth, IL TBD US Route 20, Elizabeth, IL 61028 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: 9.86% Traditional cash on cash: 3.59% Airbnb Rental Income: $1568 Traditional Rental Income: $625 Airbnb ROI: 9.86% Traditional ROI: 3.59%
1904 US Rt 20 East Elizabeth, IL 1904 US Rt 20 East, Elizabeth, IL 61028 \| Other	N/A beds \| N/A baths \| N/A	$448,050	Airbnb cash on cash: -0.81% Traditional cash on cash: -1.98% Airbnb Rental Income: $1568 Traditional Rental Income: $625 Airbnb ROI: -0.81% Traditional ROI: -1.98%

Real Estate investment in Elizabeth, IL

There are 8 properties for sale in the city of Elizabeth . The median list price in Elizabeth is $599,000 and the average price per square foot is $360. In January 2026, the average monthly cash on cash return in Elizabeth is 4.00%. The average monthly rental income in Elizabeth is $1,121.

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

There are 8 investment properties available for sale in Elizabeth.

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

The ROI for Long-Term is higher than the Short-Term in Elizabeth with average rental income of $1,121.

Your search for investment property begins and ends here

Investment Property for Sale in Elizabeth, IL

46 Oak Valley

Elizabeth, IL

2 beds | 1 baths | 672 sq.ft.

$99,000

Airbnb cash on cash: 2.18%

Traditional cash on cash: 10.97%

Airbnb Rental Income: $871

Traditional Rental Income: $1384

Airbnb ROI: 2.18%

Traditional ROI: 10.97%

3310 S Apple River

Elizabeth, IL

2 beds | 2 baths | 1,000 sq.ft.

$299,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $871

Traditional Rental Income: $2035

Airbnb ROI: -0.85%

Traditional ROI: 4.47%

314 S Main

Elizabeth, IL

3 beds | 3 baths | 900 sq.ft.

$254,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $1834

Traditional Rental Income: $2184

Airbnb ROI: 3.46%

Traditional ROI: 6.97%

110 W Catlin

Elizabeth, IL

3 beds | 1 baths | N/A

$184,900

Airbnb cash on cash: 5.23%

Traditional cash on cash: 7.87%

Airbnb Rental Income: $1834

Traditional Rental Income: $1803

Airbnb ROI: 5.23%

Traditional ROI: 7.87%

46 Oak Valley Dr

Elizabeth, IL

2 beds | 1 baths | 672 sq.ft.

$99,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $871

Traditional Rental Income: $1121

Airbnb ROI: 1.27%

Traditional ROI: 7.34%

0 N Elizabeth Scales Mound Rd

Elizabeth, IL

N/A beds | N/A baths | N/A

$295,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: -1.36%

Airbnb Rental Income: $1568

Traditional Rental Income: $614

Airbnb ROI: 0.45%

Traditional ROI: -1.36%

TBD US Route 20

Elizabeth, IL

N/A beds | N/A baths | N/A

$79,900

Airbnb cash on cash: 9.86%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1568

Traditional Rental Income: $625

Airbnb ROI: 9.86%

Traditional ROI: 3.59%

1904 US Rt 20 East

Elizabeth, IL

N/A beds | N/A baths | N/A

$448,050

Airbnb cash on cash: -0.81%

Traditional cash on cash: -1.98%

Airbnb Rental Income: $1568

Traditional Rental Income: $625

Airbnb ROI: -0.81%