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.	$400,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3% Airbnb Rental Income: $1697 Traditional Rental Income: $2415 Airbnb ROI: -0.17% Traditional ROI: 3%
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.	$309,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.53% Airbnb Rental Income: $1697 Traditional Rental Income: $2101 Airbnb ROI: 0.52% Traditional ROI: 3.53%
7223 W Mathews Drive Frankfort, IL Welcome Home! This spacious 4-bedroom, 2-bath Raised Ranch offers incredible potential ...	4 beds \| 2 baths \| 1,480 sq.ft.	$310,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.24% Airbnb Rental Income: $2225 Traditional Rental Income: $2258 Airbnb ROI: 2.21% Traditional ROI: 4.24%
21160 S 93rd Avenue Frankfort, IL A Mid-Century Gem in the Heart of Frankfort. Tucked away on a private .7-acre lot in unin...	4 beds \| 3 baths \| 1,880 sq.ft.	$359,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.88% Airbnb Rental Income: $2225 Traditional Rental Income: $2988 Airbnb ROI: 1.97% Traditional ROI: 5.88%
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.	$530,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.65% Airbnb Rental Income: $1697 Traditional Rental Income: $2843 Airbnb ROI: 0.39% Traditional ROI: 3.65%
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%
22664 Oakfield Drive Frankfort, IL Welcome Home to Timbers Edge - Where Elegance Meets Comfort Nestled in a quiet court of...	4 beds \| 5 baths \| 5,133 sq.ft.	$950,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 2.08% Airbnb Rental Income: $2225 Traditional Rental Income: $5155 Airbnb ROI: -1.86% Traditional ROI: 2.08%
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: -1.46% Traditional cash on cash: 1.47% Airbnb Rental Income: $2225 Traditional Rental Income: $4353 Airbnb ROI: -1.46% 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: 1.16% Traditional cash on cash: 4.86% Airbnb Rental Income: $2225 Traditional Rental Income: $4246 Airbnb ROI: 1.16% Traditional ROI: 4.86%
8675 Saddlebred Court Frankfort, IL This beautifully presented ranch-style townhome in Windy Hill Farm is a rare find, featuri...	2 beds \| 2 baths \| 1,465 sq.ft.	$349,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 2.61% Airbnb Rental Income: $1324 Traditional Rental Income: $2149 Airbnb ROI: -1.15% Traditional ROI: 2.61%
8899 Charrington Drive Frankfort, IL Beautifully maintained, solidly built home located in lovely Charrington Estates! This ope...	4 beds \| 4 baths \| 2,830 sq.ft.	$525,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 5.51% Airbnb Rental Income: $2225 Traditional Rental Income: $4626 Airbnb ROI: -0.53% Traditional ROI: 5.51%
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: 0.13% Traditional cash on cash: 2.46% Airbnb Rental Income: $2225 Traditional Rental Income: $4888 Airbnb ROI: 0.13% Traditional ROI: 2.46%
8803 WILLOW Lane #MODEL Frankfort, IL THIS MODEL IS AVAIABLE FOR SALE! Welcome to The Willows of Mokena upscale attached singl...	2 beds \| 3 baths \| 2,890 sq.ft.	$665,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.13% Airbnb Rental Income: $2225 Traditional Rental Income: $2676 Airbnb ROI: 1.5% Traditional ROI: 3.13%
22331 Majestic Lane Frankfort, IL Elegant Lakeside Ranch in Frankfort - Chef's Kitchen, Resort-Style Pool & Meticulous Finis...	3 beds \| 4 baths \| 3,000 sq.ft.	$959,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 1.03% Airbnb Rental Income: $1697 Traditional Rental Income: $4004 Airbnb ROI: -2.08% Traditional ROI: 1.03%
22957 Devonshire Lane Frankfort, IL Absolutely beautiful and filled with details you need to see to appreciate. The custom cr...	4 beds \| 5 baths \| 5,180 sq.ft.	$1,275,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.32% Airbnb Rental Income: $2225 Traditional Rental Income: $5187 Airbnb ROI: -1.65% Traditional ROI: 1.32%
20187 Waterview Trail Frankfort, IL SPACIOUS 3-BEDROOM HOME ~ OVER 3,000 SQ FT OF THOUGHTFULLY DESIGNED LIVING SPACE ~ LARGE, ...	3 beds \| 4 baths \| 3,559 sq.ft.	$645,000	Airbnb cash on cash: -2.51% Traditional cash on cash: 1.13% Airbnb Rental Income: $1697 Traditional Rental Income: $3412 Airbnb ROI: -2.51% Traditional ROI: 1.13%
20347 S Grand Prairie Lane Frankfort, IL Job transfer forces sale of this FANTASTIC Forrester Style Home in the very sought after F...	3 beds \| 3 baths \| 2,068 sq.ft.	$374,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.9% Airbnb Rental Income: $1697 Traditional Rental Income: $2755 Airbnb ROI: -0.46% Traditional ROI: 3.9%
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: 1.1% Traditional cash on cash: 3.72% Airbnb Rental Income: $2225 Traditional Rental Income: $3403 Airbnb ROI: 1.1% Traditional ROI: 3.72%
22454 Hinspeter Drive Frankfort, IL Welcome to lakeside living in the Homestead of Frankfort, nestled within the award-winning...	4 beds \| 4 baths \| 3,636 sq.ft.	$924,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 2.85% Airbnb Rental Income: $2225 Traditional Rental Income: $4805 Airbnb ROI: -0.8% Traditional ROI: 2.85%
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.	$300,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.18% Airbnb Rental Income: $1697 Traditional Rental Income: $2238 Airbnb ROI: 0.59% Traditional ROI: 4.18%
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: 1.13% Traditional cash on cash: 3.38% Airbnb Rental Income: $2225 Traditional Rental Income: $2463 Airbnb ROI: 1.13% Traditional ROI: 3.38%
7800 W Kingston Drive Frankfort, IL Check out this cozy home! This ranch house boasts 4 bedrooms, 2 full bathrooms, a large e...	4 beds \| 2 baths \| 1,386 sq.ft.	$300,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 4.25% Airbnb Rental Income: $2225 Traditional Rental Income: $2145 Airbnb ROI: 2.55% Traditional ROI: 4.25%
8310 Auburn Lane Frankfort, IL Welcome to this beautifully updated townhouse in Frankfort's sought-after Hawthorne Lakes ...	3 beds \| 2 baths \| 1,480 sq.ft.	$335,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.4% Airbnb Rental Income: $1697 Traditional Rental Income: $2363 Airbnb ROI: -0.22% Traditional ROI: 3.4%
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.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $4130 Airbnb ROI: N/A Traditional ROI: 4.23%
24558 S Harlem Avenue Frankfort, IL Escape to your oasis of peace and tranquility! This stunning acreage features a charming s...	3 beds \| 2 baths \| 3,332 sq.ft.	$475,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.08% Airbnb Rental Income: $1697 Traditional Rental Income: $2518 Airbnb ROI: 0.17% Traditional ROI: 3.08%
7752 W Almond Court Frankfort, IL This property is located in a quiet community located just steps away from four parks, enj...	2 beds \| 1 baths \| 968 sq.ft.	$235,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.57% Airbnb Rental Income: $1324 Traditional Rental Income: $1634 Airbnb ROI: 0.34% Traditional ROI: 3.57%
8340 W Lincoln Highway Frankfort, IL Wonderful Opportunity for a Rarely Available 3 unit in Frankfort, on just under an Acre of...	7 beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $2615 Airbnb ROI: N/A Traditional ROI: 1.42%

Real Estate investment in Frankfort, IL

There are 63 properties for sale in the city of Frankfort . The median list price in Frankfort is $530,000 and the average price per square foot is $186. In October 2025, the average monthly cash on cash return in Frankfort is 3.00%. The average monthly rental income in Frankfort is $2,988.

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

There are 63 investment properties available for sale in Frankfort.

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

The ROI for Short-Term is higher than the Long-Term in Frankfort with average rental income of $2,225.

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.

$400,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 3%

Airbnb Rental Income: $1697

Traditional Rental Income: $2415

Airbnb ROI: -0.17%

Traditional ROI: 3%

20513 S Acorn Ridge Drive

Frankfort, IL

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

$309,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1697

Traditional Rental Income: $2101

Airbnb ROI: 0.52%

Traditional ROI: 3.53%

7223 W Mathews Drive

Frankfort, IL

4 beds | 2 baths | 1,480 sq.ft.

$310,000

Airbnb cash on cash: 2.21%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $2225

Traditional Rental Income: $2258

Airbnb ROI: 2.21%

Traditional ROI: 4.24%

21160 S 93rd Avenue

Frankfort, IL

4 beds | 3 baths | 1,880 sq.ft.

$359,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $2225

Traditional Rental Income: $2988

Airbnb ROI: 1.97%

Traditional ROI: 5.88%

21122 S Hillside Road

Frankfort, IL

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

$530,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $1697

Traditional Rental Income: $2843

Airbnb ROI: 0.39%

Traditional ROI: 3.65%

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%

22664 Oakfield Drive

Frankfort, IL

4 beds | 5 baths | 5,133 sq.ft.

$950,000

Airbnb cash on cash: -1.86%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $2225

Traditional Rental Income: $5155

Airbnb ROI: -1.86%

Traditional ROI: 2.08%

20602 Abbey Drive

Frankfort, IL

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

$985,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $2225

Traditional Rental Income: $4353

Airbnb ROI: -1.46%