Real Estate Investment Properties for Sale in Frankfort, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
425 Cottonwood Road Frankfort, IL Beautifully maintained ranch home in the Connecticut Hills subdivision. This home offers 3...	3 beds \| 2 baths \| 1,848 sq.ft.	$388,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.12% Airbnb Rental Income: $1516 Traditional Rental Income: $2415 Airbnb ROI: -0.56% Traditional ROI: 3.12%
20513 S Acorn Ridge Drive Frankfort, IL Wonderfully rehabbed raised ranch in Frankfort Square!! You will find all of the latest u...	3 beds \| 2 baths \| 1,488 sq.ft.	$306,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.57% Airbnb Rental Income: $1516 Traditional Rental Income: $2101 Airbnb ROI: 0.01% Traditional ROI: 3.57%
22374 Woodland Lane Frankfort, IL Move-In Ready Home in Frankfort's Lakeview Estates This beautiful home has it all! Majo...	4 beds \| 3 baths \| 3,238 sq.ft.	$634,900	Airbnb cash on cash: -2.14% Traditional cash on cash: 1.77% Airbnb Rental Income: $1160 Traditional Rental Income: $3094 Airbnb ROI: -2.14% Traditional ROI: 1.77%
21122 S Hillside Road Frankfort, IL Charming Updated Home with Extra Lot and Modern Upgrades! Discover this beautifully mai...	3 beds \| 3 baths \| 2,202 sq.ft.	$515,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.79% Airbnb Rental Income: $1516 Traditional Rental Income: $2843 Airbnb ROI: 0.12% Traditional ROI: 3.79%
8131 W Evergreen Drive Frankfort, IL HOME NEEDS FULL REHAB. 5 BEDROOM 2 BATH RAISED RANCH WITH ADDITION. HOME IS IN A GREAT L...	5 beds \| 2 baths \| 2,000 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2647 Airbnb ROI: N/A Traditional ROI: 6.77%
20602 Abbey Drive Frankfort, IL Take a look at this beautiful 7000 square feet of absolute luxury...situated in exclusive ...	4 beds \| 5 baths \| 6,920 sq.ft.	$985,000	Airbnb cash on cash: -2.43% Traditional cash on cash: 1.47% Airbnb Rental Income: $1160 Traditional Rental Income: $4353 Airbnb ROI: -2.43% Traditional ROI: 1.47%
23070 Hankins Court Frankfort, IL New Construction Move-In Ready! Step into refined living with this custom-built, two-story...	4 beds \| 3 baths \| 3,200 sq.ft.	$749,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.86% Airbnb Rental Income: $1160 Traditional Rental Income: $4246 Airbnb ROI: -0.11% Traditional ROI: 4.86%
20145 Waterview Trail Frankfort, IL Ready to See the New TBL Custom Homes DOG CASTLE Model in the Exclusive Award Winning Cand...	4 beds \| 5 baths \| 4,280 sq.ft.	$1,486,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.46% Airbnb Rental Income: $1160 Traditional Rental Income: $4888 Airbnb ROI: -0.52% Traditional ROI: 2.46%
8631 Saddlebred Court #8631 Frankfort, IL Nestled in a beautiful hilly, landscaped courtyard, this Windy Hill Farm loft condo offers...	2 beds \| 3 baths \| 2,000 sq.ft.	$279,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 5.79% Airbnb Rental Income: $1343 Traditional Rental Income: $2726 Airbnb ROI: -1.02% Traditional ROI: 5.79%
20277 Brendan Street Frankfort, IL NEW CONSTRUCTION W DECEMBER 2025 OCCUPANCY! Still time to make your CUSTOM SELECTIONS! Gor...	4 beds \| 3 baths \| 3,025 sq.ft.	$709,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.72% Airbnb Rental Income: $1160 Traditional Rental Income: $3403 Airbnb ROI: -0.25% Traditional ROI: 3.72%
20552 S Frankfort Square Road Frankfort, IL Welcome to this updated 3-bedroom, 2-bathroom raised ranch home in the Frankfort Square ne...	3 beds \| 2 baths \| 1,600 sq.ft.	$294,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.28% Airbnb Rental Income: $1516 Traditional Rental Income: $2238 Airbnb ROI: 0.08% Traditional ROI: 4.28%
19708 S Skye Drive Frankfort, IL Come see this beautifully maintained two-story home in Frankfort! The main level features ...	4 beds \| 3 baths \| 1,572 sq.ft.	$377,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 3.38% Airbnb Rental Income: $1160 Traditional Rental Income: $2463 Airbnb ROI: -1.38% Traditional ROI: 3.38%
10785 Ashford Avenue Frankfort, IL START PLANNING YOUR 2026 4th of JULY PARTY. Nothing beats having your OWN pool, a cool dr...	5 beds \| 4 baths \| 3,280 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $4130 Airbnb ROI: N/A Traditional ROI: 4.43%
23039 Lakeview Estates Boulevard Frankfort, IL AMAZING NEW CONSTRUCTION OPPORTUNITY! Still time to make your CUSTOM SELECTIONS W ALL THE ...	4 beds \| 3 baths \| 3,025 sq.ft.	$789,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.09% Airbnb Rental Income: $1160 Traditional Rental Income: $3311 Airbnb ROI: -0.36% Traditional ROI: 3.09%
20530 Torrey Court Frankfort, IL Move Right Into This Beautiful All-Brick Ranch End Unit Townhome! This rare find offers t...	2 beds \| 2 baths \| 2,208 sq.ft.	$409,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 2.36% Airbnb Rental Income: $1343 Traditional Rental Income: $2434 Airbnb ROI: -1.55% Traditional ROI: 2.36%
719 Stonebridge Road Frankfort, IL Once you arrive at this stunning French Country two story, nestled in a gorgeous wooded se...	3 beds \| 3 baths \| 3,866 sq.ft.	$769,900	Airbnb cash on cash: -2.72% Traditional cash on cash: -0.65% Airbnb Rental Income: $1516 Traditional Rental Income: $2559 Airbnb ROI: -2.72% Traditional ROI: -0.65%
20328 Taliesin Way Frankfort, IL **Absolutely Breathtaking in Prairie Creek! Welcome to this rarely available 5 bedroom, 3....	5 beds \| 4 baths \| 4,000 sq.ft.	$555,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $4792 Airbnb ROI: N/A Traditional ROI: 4.79%
590 Timber Lane Frankfort, IL Unbelievable private residence, offering an extreme level of seclusion within the Prestwic...	4 beds \| 3 baths \| 3,200 sq.ft.	$599,900	Airbnb cash on cash: -1.66% Traditional cash on cash: 2.52% Airbnb Rental Income: $1160 Traditional Rental Income: $3119 Airbnb ROI: -1.66% Traditional ROI: 2.52%
10724 Gateway Drive Frankfort, IL Impeccably Remodeled Home in Desirable 55+ Community Step into refined comfort with this ...	3 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 4.13% Traditional cash on cash: 10.98% Airbnb Rental Income: $1516 Traditional Rental Income: $2247 Airbnb ROI: 4.13% Traditional ROI: 10.98%
11707 Coquille Drive Frankfort, IL Check out this neat and clean two story in Super Desirable Coquille Pointe with in ground ...	4 beds \| 4 baths \| 3,484 sq.ft.	$729,900	Airbnb cash on cash: -2.71% Traditional cash on cash: 1.9% Airbnb Rental Income: $1160 Traditional Rental Income: $3915 Airbnb ROI: -2.71% Traditional ROI: 1.9%
21629 Kent Court Frankfort, IL Welcome home to your ideal low-maintenance lifestyle in the desirable Founders Place commu...	3 beds \| 3 baths \| 2,825 sq.ft.	$474,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 2.48% Airbnb Rental Income: $1516 Traditional Rental Income: $3026 Airbnb ROI: -1.91% Traditional ROI: 2.48%
19825 S Farmington Lane Frankfort, IL Welcome to 19825 S Farmington Ln-an impeccably maintained and freshly painted 4-bedroom, 2...	4 beds \| 3 baths \| 1,900 sq.ft.	$399,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.26% Airbnb Rental Income: $1160 Traditional Rental Income: $2710 Airbnb ROI: -0.9% Traditional ROI: 4.26%

Real Estate investment in Frankfort, IL

There are 45 properties for sale in the city of Frankfort . The median list price in Frankfort is $510,000 and the average price per square foot is $182. In December 2025, the average monthly cash on cash return in Frankfort is 3.00%. The average monthly rental income in Frankfort is $2,843.

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

There are 45 investment properties available for sale in Frankfort.

In 2025, the best neighborhood to buy investment property is Frankfort.

The ROI for Long-Term is higher than the Short-Term in Frankfort with average rental income of $2,843.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, IL

425 Cottonwood Road

Frankfort, IL

3 beds | 2 baths | 1,848 sq.ft.

$388,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1516

Traditional Rental Income: $2415

Airbnb ROI: -0.56%

Traditional ROI: 3.12%

20513 S Acorn Ridge Drive

Frankfort, IL

3 beds | 2 baths | 1,488 sq.ft.

$306,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1516

Traditional Rental Income: $2101

Airbnb ROI: 0.01%

Traditional ROI: 3.57%

22374 Woodland Lane

Frankfort, IL

4 beds | 3 baths | 3,238 sq.ft.

$634,900

Airbnb cash on cash: -2.14%

Traditional cash on cash: 1.77%

Airbnb Rental Income: $1160

Traditional Rental Income: $3094

Airbnb ROI: -2.14%

Traditional ROI: 1.77%

21122 S Hillside Road

Frankfort, IL

3 beds | 3 baths | 2,202 sq.ft.

$515,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $1516

Traditional Rental Income: $2843

Airbnb ROI: 0.12%

Traditional ROI: 3.79%

8131 W Evergreen Drive

Frankfort, IL

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

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2647

Airbnb ROI: N/A

Traditional ROI: 6.77%

20602 Abbey Drive

Frankfort, IL

4 beds | 5 baths | 6,920 sq.ft.

$985,000

Airbnb cash on cash: -2.43%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $1160

Traditional Rental Income: $4353

Airbnb ROI: -2.43%

Traditional ROI: 1.47%

23070 Hankins Court

Frankfort, IL

4 beds | 3 baths | 3,200 sq.ft.

$749,900

Airbnb cash on cash: -0.11%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1160

Traditional Rental Income: $4246

Airbnb ROI: -0.11%

Traditional ROI: 4.86%

20145 Waterview Trail

Frankfort, IL

4 beds | 5 baths | 4,280 sq.ft.

$1,486,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $1160

Traditional Rental Income: $4888

Airbnb ROI: -0.52%