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 Spacious, well maintained, 3 BR 3 Bath brick home located on a double lot in Elizabeth. T...	3 beds \| 3 baths \| 900 sq.ft.	$269,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 6.53% Airbnb Rental Income: $1834 Traditional Rental Income: $2184 Airbnb ROI: 3.22% Traditional ROI: 6.53%
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%
408 S Madison Elizabeth, IL REDUCED! Discover the perfect blend of comfort and space in this delightful move-in ready,...	3 beds \| 1 baths \| 784 sq.ft.	$135,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 8.89% Airbnb Rental Income: $1834 Traditional Rental Income: $1540 Airbnb ROI: 7.34% Traditional ROI: 8.89%
10 Galena Oak Elizabeth, IL Perfect weekend getaway where the work has been done and the relaxation can begin. This A...	2 beds \| 1 baths \| N/A	$99,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 11.64% Airbnb Rental Income: $871 Traditional Rental Income: $1391 Airbnb ROI: 2.85% Traditional ROI: 11.64%
1021 E Schapville Elizabeth, IL Escape to the country with this inviting 2-bedroom, 2-bath home set on a one-acre lot in t...	2 beds \| 2 baths \| 1,440 sq.ft.	$169,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 11.61% Airbnb Rental Income: $871 Traditional Rental Income: $2205 Airbnb ROI: 1.31% Traditional ROI: 11.61%

Real Estate investment in Elizabeth, IL

There are 7 properties for sale in the city of Elizabeth . The median list price in Elizabeth is $152,450 and the average price per square foot is $159. In December 2025, the average monthly cash on cash return in Elizabeth is 6.00%. The average monthly rental income in Elizabeth is $1,466.

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

There are 7 investment properties available for sale in Elizabeth.

In 2025, 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 $1,466.

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.

$269,900

Airbnb cash on cash: 3.22%

Traditional cash on cash: 6.53%

Airbnb Rental Income: $1834

Traditional Rental Income: $2184

Airbnb ROI: 3.22%

Traditional ROI: 6.53%

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%

408 S Madison

Elizabeth, IL

3 beds | 1 baths | 784 sq.ft.

$135,000

Airbnb cash on cash: 7.34%

Traditional cash on cash: 8.89%

Airbnb Rental Income: $1834

Traditional Rental Income: $1540

Airbnb ROI: 7.34%

Traditional ROI: 8.89%

10 Galena Oak

Elizabeth, IL

2 beds | 1 baths | N/A

$99,900

Airbnb cash on cash: 2.85%

Traditional cash on cash: 11.64%

Airbnb Rental Income: $871

Traditional Rental Income: $1391

Airbnb ROI: 2.85%

Traditional ROI: 11.64%

1021 E Schapville

Elizabeth, IL

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

$169,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 11.61%

Airbnb Rental Income: $871

Traditional Rental Income: $2205

Airbnb ROI: 1.31%

Traditional ROI: 11.61%

Real Estate investment in Elizabeth, IL

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

How many investment properties are available for sale in Elizabeth?

Which neighborhoods in Elizabeth to invest in 2025?

Long-Term vs. Short-Term Rentals in Elizabeth, Illinois: Which will earn the best returns?

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