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 Rd Frankfort, IL Beautifully maintained ranch home in the Connecticut Hills subdivision. This home offers 3...	3 beds \| 2 baths \| 1,848 sq.ft.	$384,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.17% Airbnb Rental Income: $1516 Traditional Rental Income: $2415 Airbnb ROI: -0.56% Traditional ROI: 3.17%
20513 S Acorn Ridge Dr Frankfort, IL Wonderfully rehabbed raised ranch in Frankfort Square!! You will find all of the latest up...	3 beds \| 2 baths \| 1,488 sq.ft.	$297,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.71% Airbnb Rental Income: $1516 Traditional Rental Income: $2101 Airbnb ROI: 0.04% Traditional ROI: 3.71%
21122 S Hillside Rd Frankfort, IL Charming Updated Home with Extra Lot and Modern Upgrades! Discover this beautifully mai...	3 beds \| 3 baths \| 2,202 sq.ft.	$505,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.88% Airbnb Rental Income: $1516 Traditional Rental Income: $2843 Airbnb ROI: 0.14% Traditional ROI: 3.88%
8485 Stone Creek Boulevard Frankfort, IL Desirable Subdivision of Stone Creek in Frankfort offers this wonderful 2 Story Home with ...	4 beds \| 4 baths \| 3,643 sq.ft.	$719,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 0.19% Airbnb Rental Income: $1160 Traditional Rental Income: $2565 Airbnb ROI: -2.47% Traditional ROI: 0.19%
20618 S Driftwood Dr Frankfort, IL Welcome home to this charming 3-bedroom, 1-bath ranch in Frankfort Square! Relax in the in...	3 beds \| 1 baths \| 1,306 sq.ft.	$310,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.65% Airbnb Rental Income: $1516 Traditional Rental Income: $1787 Airbnb ROI: 0.21% Traditional ROI: 2.65%
19800 S Edinburgh Ln Frankfort, IL Looking for a beautifully maintained 3 bed 2 bath home in Frankfort? Look no further! Wood...	3 beds \| 2 baths \| 1,321 sq.ft.	$280,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.23% Airbnb Rental Income: $1516 Traditional Rental Income: $2029 Airbnb ROI: 0.73% Traditional ROI: 4.23%
23070 Hankins Ct Frankfort, IL New Construction Move-In Ready! Step into refined living with this custom-built, two-story...	4 beds \| 2 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%
8022 Stanley Trail Frankfort, IL Nestled in a gorgeous newer development of custom homes Lakeview Estates in Frankfort. Thi...	4 beds \| 4 baths \| 3,500 sq.ft.	$759,900	Airbnb cash on cash: -1.76% Traditional cash on cash: 4.16% Airbnb Rental Income: $1160 Traditional Rental Income: $4974 Airbnb ROI: -1.76% Traditional ROI: 4.16%
20145 Waterview Trl 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%
19708 S Skye Dr Frankfort, IL Come see this beautifully maintained two-story home in Frankfort! The main level features ...	4 beds \| 2 baths \| 1,572 sq.ft.	$365,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 3.53% Airbnb Rental Income: $1160 Traditional Rental Income: $2463 Airbnb ROI: -1.39% Traditional ROI: 3.53%
10785 Ashford Avenue Frankfort, IL START PLANNING YOUR 2026 4th of JULY PARTY. Nothing beats having your OWN pool, a cool dri...	5 beds \| 4 baths \| 3,280 sq.ft.	$509,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $4130 Airbnb ROI: N/A Traditional ROI: 4.64%
23039 Lakeview Estates Blvd Frankfort, IL AMAZING NEW CONSTRUCTION OPPORTUNITY! Still time to make your CUSTOM SELECTIONS W ALL THE ...	4 beds \| 2 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%
719 Stonebridge Rd Frankfort, IL Once you arrive at this stunning French Country two story, nestled in a gorgeous wooded se...	3 beds \| 2 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%
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 Dr Frankfort, IL Impeccably Remodeled Home in Desirable 55+ Community Step into refined comfort with this c...	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 Dr Frankfort, IL Check out this neat and clean two story in Super Desirable Coquille Pointe with in ground ...	4 beds \| 3 baths \| 3,484 sq.ft.	$699,900	Airbnb cash on cash: -2.78% Traditional cash on cash: 2.02% Airbnb Rental Income: $1160 Traditional Rental Income: $3915 Airbnb ROI: -2.78% Traditional ROI: 2.02%
8613 High Stone Way Frankfort, IL WELCOME TO YOUR NEW DREAM HOME * GET READY TO BE WOWED!! SOUGHT AFTER STONE CREEK SUBDIVIS...	5 beds \| 3 baths \| 3,700 sq.ft.	$1,000,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 1.42% Airbnb Rental Income: $1160 Traditional Rental Income: $4085 Airbnb ROI: -2.13% Traditional ROI: 1.42%
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%
7406 W Quail Circle Frankfort, IL Experience the comfort, flexibility, and room to grow that your family deserves in this be...	3 beds \| 3 baths \| 2,862 sq.ft.	$489,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 2.89% Airbnb Rental Income: $1516 Traditional Rental Income: $3091 Airbnb ROI: -1.51% Traditional ROI: 2.89%
8017 Stanley Trl Frankfort, IL This newly built home in the final phase of Lakeview Estates blends timeless design with r...	4 beds \| 2 baths \| 3,500 sq.ft.	$719,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 1.26% Airbnb Rental Income: $1160 Traditional Rental Income: $3149 Airbnb ROI: -2.27% Traditional ROI: 1.26%
7960 W Frankfort Square Rd Frankfort, IL two story on a large lot with 2 car attached garage All appliances included	3 beds \| 2 baths \| 1,241 sq.ft.	$359,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.14% Airbnb Rental Income: $1516 Traditional Rental Income: $1928 Airbnb ROI: 0.61% Traditional ROI: 3.14%
8893 Buffington Breakwater Dr Frankfort, IL 8893 Buffington Breakwater Dr, Frankfort, IL 60423 \| Townhouse	3 beds \| 2 baths \| 2,615 sq.ft.	$659,900	Airbnb cash on cash: -2.02% Traditional cash on cash: 0.08% Airbnb Rental Income: $1516 Traditional Rental Income: $2370 Airbnb ROI: -2.02% Traditional ROI: 0.08%
8855 Milwaukee Breakwater Dr Frankfort, IL 8855 Milwaukee Breakwater Dr, Frankfort, IL 60423 \| Townhouse	2 beds \| 2 baths \| 2,387 sq.ft.	$639,900	Airbnb cash on cash: -2.22% Traditional cash on cash: 0.05% Airbnb Rental Income: $1343 Traditional Rental Income: $2287 Airbnb ROI: -2.22% Traditional ROI: 0.05%
Lot 223 S River Rd Frankfort, IL Lot 223 S River Rd, Frankfort, IL 60423 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.25% Airbnb Rental Income: $null Traditional Rental Income: $659 Airbnb ROI: N/A Traditional ROI: 3.25%
Lot 53 Golfview Dr Frankfort, IL Lot 53 Golfview Dr, Frankfort, IL 60423 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $662 Airbnb ROI: N/A Traditional ROI: 4.06%
Vacant Hunter Woods Dr Frankfort, IL	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.55% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 1.55%
10850 W Laraway Rd Frankfort, IL	N/A beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.04% Airbnb Rental Income: $null Traditional Rental Income: $659 Airbnb ROI: N/A Traditional ROI: -2.04%
19558 S Harlem Ave Frankfort, IL 19558 S Harlem Ave, Frankfort, IL 60423 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.51% Airbnb Rental Income: $null Traditional Rental Income: $662 Airbnb ROI: N/A Traditional ROI: -1.51%
10405 Brookridge Creek Drive Frankfort, IL Coming to the MLS soon! Immaculate home in Brookridge Creek Subdivision of Frankfort. Over...	4 beds \| 3 baths \| 2,872 sq.ft.	$569,900	Airbnb cash on cash: -2.13% Traditional cash on cash: 2.41% Airbnb Rental Income: $1160 Traditional Rental Income: $3191 Airbnb ROI: -2.13% Traditional ROI: 2.41%
8021 W Old Mill Rd Frankfort, IL * HOT INVESTOR SPECIAL!* 3 BEDROOM, 2 1/2 BATH NEEDING A COSMETIC OVERHAUL*SPACIOUS ROOMS ...	3 beds \| 2 baths \| 2,010 sq.ft.	$324,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 4.53% Airbnb Rental Income: $1516 Traditional Rental Income: $2662 Airbnb ROI: -0.67% Traditional ROI: 4.53%
10562 Williamsburg Trail Frankfort, IL Coming Soon! Longtime owners are proud to present this stately two-story home in the highl...	4 beds \| 4 baths \| 3,572 sq.ft.	$699,900	Airbnb cash on cash: -2.16% Traditional cash on cash: 2.81% Airbnb Rental Income: $1160 Traditional Rental Income: $4018 Airbnb ROI: -2.16% Traditional ROI: 2.81%
20643 Michigan Island Court Frankfort, IL Welcome to this stunning 4-bedroom, 3.5-bath ranch nestled in the heart of beautiful Frank...	4 beds \| 4 baths \| 2,896 sq.ft.	$929,900	Airbnb cash on cash: -2.03% Traditional cash on cash: 1.18% Airbnb Rental Income: $1160 Traditional Rental Income: $3554 Airbnb ROI: -2.03% Traditional ROI: 1.18%

Real Estate investment in Frankfort, IL

There are 57 properties for sale in the city of Frankfort . The median list price in Frankfort is $304,950 and the average price per square foot is $143. In February 2026, the average monthly cash on cash return in Frankfort is 3.00%. The average monthly rental income in Frankfort is $2,454.

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

There are 57 investment properties available for sale in Frankfort.

In 2026, 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 $2,454.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, IL

425 Cottonwood Rd

Frankfort, IL

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

$384,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $1516

Traditional Rental Income: $2415

Airbnb ROI: -0.56%

Traditional ROI: 3.17%

20513 S Acorn Ridge Dr

Frankfort, IL

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

$297,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1516

Traditional Rental Income: $2101

Airbnb ROI: 0.04%

Traditional ROI: 3.71%

21122 S Hillside Rd

Frankfort, IL

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

$505,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1516

Traditional Rental Income: $2843

Airbnb ROI: 0.14%

Traditional ROI: 3.88%

8485 Stone Creek Boulevard

Frankfort, IL

4 beds | 4 baths | 3,643 sq.ft.

$719,000

Airbnb cash on cash: -2.47%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $1160

Traditional Rental Income: $2565

Airbnb ROI: -2.47%

Traditional ROI: 0.19%

20618 S Driftwood Dr

Frankfort, IL

3 beds | 1 baths | 1,306 sq.ft.

$310,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1516

Traditional Rental Income: $1787

Airbnb ROI: 0.21%

Traditional ROI: 2.65%

19800 S Edinburgh Ln

Frankfort, IL

3 beds | 2 baths | 1,321 sq.ft.

$280,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1516

Traditional Rental Income: $2029

Airbnb ROI: 0.73%

Traditional ROI: 4.23%

23070 Hankins Ct

Frankfort, IL

4 beds | 2 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%

8022 Stanley Trail

Frankfort, IL

4 beds | 4 baths | 3,500 sq.ft.

$759,900

Airbnb cash on cash: -1.76%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1160

Traditional Rental Income: $4974

Airbnb ROI: -1.76%