Real Estate Investment Properties for Sale in Grayslake, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
548 Silverton Drive GRAYSLAKE, IL Welcome home to this exceptionally bright and beautiful townhouse located in the highly so...	3 beds \| 3 baths \| 1,765 sq.ft.	$336,000	Airbnb cash on cash: -1.99% Traditional cash on cash: 2.65% Airbnb Rental Income: $1454 Traditional Rental Income: $2486 Airbnb ROI: -1.99% Traditional ROI: 2.65%
214 Lionel Drive GRAYSLAKE, IL Welcome to 214 Lionel Drive in Grayslake - a beautifully maintained newer construction tow...	3 beds \| 3 baths \| 1,894 sq.ft.	$335,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 3.36% Airbnb Rental Income: $1454 Traditional Rental Income: $2800 Airbnb ROI: -2.29% Traditional ROI: 3.36%
335 Belmont Court GRAYSLAKE, IL Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch nestled on a quiet cul...	3 beds \| 2 baths \| 1,834 sq.ft.	$199,999	Airbnb cash on cash: -2.41% Traditional cash on cash: 5.47% Airbnb Rental Income: $1454 Traditional Rental Income: $2519 Airbnb ROI: -2.41% Traditional ROI: 5.47%
1631 Station Park Drive GRAYSLAKE, IL Immaculate, turnkey, and move-in ready - this stunning townhome checks every box. Soaring ...	3 beds \| 3 baths \| 1,638 sq.ft.	$320,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 3.55% Airbnb Rental Income: $1454 Traditional Rental Income: $2544 Airbnb ROI: -1.5% Traditional ROI: 3.55%
537 Pheasant Court GRAYSLAKE, IL 2 bed, 2-story townhome in Quail Creek with a FULL UNFINISHED BASEMENT and a 1-car DETATCH...	2 beds \| 2 baths \| 1,037 sq.ft.	$183,500	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.83% Airbnb Rental Income: $1668 Traditional Rental Income: $1989 Airbnb ROI: 0.31% Traditional ROI: 4.83%
847 Essex Circle GRAYSLAKE, IL Welcome to 847 Essex Circle! This beautifully designed 2-bedroom, 2.1-bathroom two-story t...	2 beds \| 3 baths \| 1,424 sq.ft.	$285,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.37% Airbnb Rental Income: $1668 Traditional Rental Income: $2283 Airbnb ROI: -0.66% Traditional ROI: 3.37%
3206 Whirlaway Ct GRAYSLAKE, IL Wonderful Prairie II model in Saddlebrook Farms with many extras. Newer roof. Heated 2.5...	2 beds \| 2 baths \| 1,912 sq.ft.	$255,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.21% Airbnb Rental Income: $1668 Traditional Rental Income: $2413 Airbnb ROI: -0.82% Traditional ROI: 4.21%
17976 W Big Oaks Road GRAYSLAKE, IL	4 beds \| 3 baths \| 1,757 sq.ft.	$379,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.34% Airbnb Rental Income: $1705 Traditional Rental Income: $2905 Airbnb ROI: -0.36% Traditional ROI: 4.34%
3221 Harness Lane GRAYSLAKE, IL Beautifully finished with architectural enhancements, this 3-bedroom 2 bath Ranch home is ...	3 beds \| 2 baths \| 1,856 sq.ft.	$235,000	Airbnb cash on cash: -2.37% Traditional cash on cash: 3.73% Airbnb Rental Income: $1454 Traditional Rental Income: $2378 Airbnb ROI: -2.37% Traditional ROI: 3.73%
3407 Stretch Run Rd GRAYSLAKE, IL BRAND NEW FURNACE and one year old roof!! PRISTINE condition! Open floor plan in this desi...	2 beds \| 2 baths \| 1,664 sq.ft.	$229,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.96% Airbnb Rental Income: $1668 Traditional Rental Income: $2175 Airbnb ROI: -1.52% Traditional ROI: 2.96%
33670 N Lake Shore Drive GRAYSLAKE, IL Exceptional Gages Lake Waterfront Opportunity! Enjoy breathtaking panoramic lake views and...	4 beds \| 2 baths \| 2,188 sq.ft.	$549,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.73% Airbnb Rental Income: $1705 Traditional Rental Income: $2989 Airbnb ROI: -0.69% Traditional ROI: 2.73%
2814 Phillip Drive GRAYSLAKE, IL Enjoy the summer breeze overlooking Fourth Lake. Beautiful easterly views across the lake ...	3 beds \| 3 baths \| 2,560 sq.ft.	$977,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.08% Airbnb Rental Income: $1454 Traditional Rental Income: $3077 Airbnb ROI: -0.17% Traditional ROI: 2.08%
1810 Paddock Court GRAYSLAKE, IL Incredible updates: Dollar for dollar, the best price in Saddlebrook Farms! The most fanta...	2 beds \| 2 baths \| 1,680 sq.ft.	$229,000	Airbnb cash on cash: -2.09% Traditional cash on cash: 3.52% Airbnb Rental Income: $1668 Traditional Rental Income: $2416 Airbnb ROI: -2.09% Traditional ROI: 3.52%
75 Whispering Oaks Lane GRAYSLAKE, IL BUILDER GOING IN FOR PERMIT NOW. COMPLETION DATE DECEMBER 30th. Work with our design build...	4 beds \| 3 baths \| 2,385 sq.ft.	$599,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.93% Airbnb Rental Income: $1705 Traditional Rental Income: $3014 Airbnb ROI: 0.74% Traditional ROI: 3.93%
264 Crozier Dr GRAYSLAKE, IL 264 Crozier Dr, GRAYSLAKE, IL 60030 \| Other	N/A beds \| N/A baths \| N/A	$49,500	Airbnb cash on cash: 1.78% Traditional cash on cash: 8.99% Airbnb Rental Income: $636 Traditional Rental Income: $705 Airbnb ROI: 1.78% Traditional ROI: 8.99%
1537 Colt Lane #1481 GRAYSLAKE, IL A Must See...This is a beautiful Newer Jackson Park ( Lot 1481 ) Built in ""2021"" Move-In...	2 beds \| 2 baths \| 1,680 sq.ft.	$269,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 3.92% Airbnb Rental Income: $1668 Traditional Rental Income: $1910 Airbnb ROI: 1.13% Traditional ROI: 3.92%
25651 W Illinois Route 60 Highway GRAYSLAKE, IL One owner ranch style home on 27+/- acres offers over 2900 sq. ft. of one level living. So...	3 beds \| 3 baths \| 2,948 sq.ft.	$1,200,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 0.7% Airbnb Rental Income: $1454 Traditional Rental Income: $3081 Airbnb ROI: -1.14% Traditional ROI: 0.7%
1521 Meadow View Ln GRAYSLAKE, IL 1521 Meadow View Ln, GRAYSLAKE, IL 60030 \| Single Family Residential	3 beds \| 2 baths \| 1,680 sq.ft.	$262,500	Airbnb cash on cash: -4.02% Traditional cash on cash: 1.06% Airbnb Rental Income: $1454 Traditional Rental Income: $2282 Airbnb ROI: -4.02% Traditional ROI: 1.06%
2905 Carousel Ct GRAYSLAKE, IL 2905 Carousel Ct, GRAYSLAKE, IL 60030 \| Single Family Residential	2 beds \| 2 baths \| 2,062 sq.ft.	$275,000	Airbnb cash on cash: -4.21% Traditional cash on cash: -0.77% Airbnb Rental Income: $1668 Traditional Rental Income: $2093 Airbnb ROI: -4.21% Traditional ROI: -0.77%
33312 N Lone Rock Road GRAYSLAKE, IL Spacious 5-bedroom, 3-bath home on a generous lot in the desirable Wildwood area of Graysl...	2 beds \| 3 baths \| 2,948 sq.ft.	$350,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 3.59% Airbnb Rental Income: $1668 Traditional Rental Income: $2757 Airbnb ROI: -1.15% Traditional ROI: 3.59%
1016 Castleton Ct GRAYSLAKE, IL 1016 Castleton Ct, GRAYSLAKE, IL 60030 \| Single Family Residential	2 beds \| 1 baths \| 1,195 sq.ft.	$159,900	Airbnb cash on cash: -3.4% Traditional cash on cash: -1.22% Airbnb Rental Income: $1668 Traditional Rental Income: $1535 Airbnb ROI: -3.4% Traditional ROI: -1.22%
1315 Lily Court GRAYSLAKE, IL PRICED TO SELL-IF YOU HAVE BEEN THINKING ABOUT IT, NOW IS THE TIME TO ACT! Welcome to this...	4 beds \| 4 baths \| 2,441 sq.ft.	$429,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.38% Airbnb Rental Income: $1705 Traditional Rental Income: $3313 Airbnb ROI: -0.79% Traditional ROI: 4.38%
920 Highgate Lane GRAYSLAKE, IL Fabulous townhome in the Canterbury Estates area of Grayslake with finished walk-out basem...	2 beds \| 3 baths \| 1,425 sq.ft.	$309,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.81% Airbnb Rental Income: $1668 Traditional Rental Income: $2345 Airbnb ROI: -1.11% Traditional ROI: 2.81%
977 Harris Rd #25 GRAYSLAKE, IL 977 Harris Rd #25, GRAYSLAKE, IL 60030 \| Condo/Coop	2 beds \| 2 baths \| 1,527 sq.ft.	$274,900	Airbnb cash on cash: -2.89% Traditional cash on cash: 0.78% Airbnb Rental Income: $1668 Traditional Rental Income: $2153 Airbnb ROI: -2.89% Traditional ROI: 0.78%
1183 SILO HILL Drive GRAYSLAKE, IL Welcome to this quality and meticulously maintained 5 Bedrooms, 4.5 baths custom home offe...	5 beds \| 5 baths \| 3,240 sq.ft.	$649,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.66% Airbnb Rental Income: $2450 Traditional Rental Income: $5366 Airbnb ROI: -0.13% Traditional ROI: 5.66%
1443 Sunflower Court GRAYSLAKE, IL Move-in ready 5-bedroom, 3.5-bath Kennicott model with over 3,100+ sq. ft. of above-ground...	4 beds \| 4 baths \| 3,987 sq.ft.	$749,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 1.81% Airbnb Rental Income: $1705 Traditional Rental Income: $3881 Airbnb ROI: -1.98% Traditional ROI: 1.81%
109 Hunter Court GRAYSLAKE, IL Welcome to this beautifully maintained Woodfern 2 model ranch home located in the highly s...	2 beds \| 2 baths \| 1,664 sq.ft.	$250,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.7% Airbnb Rental Income: $1668 Traditional Rental Income: $2346 Airbnb ROI: -1.14% Traditional ROI: 3.7%
297 Lionel Drive GRAYSLAKE, IL Your search ends here! Beautifully maintained and built in 2017, this light-filled townhom...	2 beds \| 2 baths \| 1,495 sq.ft.	$294,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.61% Airbnb Rental Income: $1668 Traditional Rental Income: $2612 Airbnb ROI: -1.47% Traditional ROI: 3.61%
1147 Silo Hill Drive GRAYSLAKE, IL Welcome Home! This 4 bed 2.5 bath has been updated throughout and is waiting for you! As s...	4 beds \| 3 baths \| 3,542 sq.ft.	$585,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.74% Airbnb Rental Income: $1705 Traditional Rental Income: $3189 Airbnb ROI: -0.84% Traditional ROI: 2.74%
33191 N Sunset Avenue GRAYSLAKE, IL Nestled in the desirable Wildwood Subdivision, this beautifully maintained 2-bedroom, 2-ba...	2 beds \| 2 baths \| 1,296 sq.ft.	$319,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.77% Airbnb Rental Income: $1668 Traditional Rental Income: $2106 Airbnb ROI: -0.23% Traditional ROI: 2.77%
1845 Watercolor Place GRAYSLAKE, IL Rarely available end unit in the sought-after Water's Edge neighborhood of Grayslake. This...	3 beds \| 3 baths \| 2,667 sq.ft.	$399,000	Airbnb cash on cash: -2.96% Traditional cash on cash: 2.05% Airbnb Rental Income: $1454 Traditional Rental Income: $2898 Airbnb ROI: -2.96% Traditional ROI: 2.05%

Real Estate investment in Grayslake, IL

There are 86 properties for sale in the city of Grayslake . The median list price in Grayslake is $372,227 and the average price per square foot is $192. In July 2026, the average monthly cash on cash return in Grayslake is 4.00%. The average monthly rental income in Grayslake is $2,378.

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

There are 86 investment properties available for sale in Grayslake.

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

The ROI for Long-Term is higher than the Short-Term in Grayslake with average rental income of $2,378.

Your search for investment property begins and ends here

Investment Property for Sale in Grayslake, IL

548 Silverton Drive

GRAYSLAKE, IL

3 beds | 3 baths | 1,765 sq.ft.

$336,000

Airbnb cash on cash: -1.99%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1454

Traditional Rental Income: $2486

Airbnb ROI: -1.99%

Traditional ROI: 2.65%

214 Lionel Drive

GRAYSLAKE, IL

3 beds | 3 baths | 1,894 sq.ft.

$335,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1454

Traditional Rental Income: $2800

Airbnb ROI: -2.29%

Traditional ROI: 3.36%

335 Belmont Court

GRAYSLAKE, IL

3 beds | 2 baths | 1,834 sq.ft.

$199,999

Airbnb cash on cash: -2.41%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1454

Traditional Rental Income: $2519

Airbnb ROI: -2.41%

Traditional ROI: 5.47%

1631 Station Park Drive

GRAYSLAKE, IL

3 beds | 3 baths | 1,638 sq.ft.

$320,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1454

Traditional Rental Income: $2544

Airbnb ROI: -1.5%

Traditional ROI: 3.55%

537 Pheasant Court

GRAYSLAKE, IL

2 beds | 2 baths | 1,037 sq.ft.

$183,500

Airbnb cash on cash: 0.31%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1668

Traditional Rental Income: $1989

Airbnb ROI: 0.31%

Traditional ROI: 4.83%

847 Essex Circle

GRAYSLAKE, IL

2 beds | 3 baths | 1,424 sq.ft.

$285,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1668

Traditional Rental Income: $2283

Airbnb ROI: -0.66%

Traditional ROI: 3.37%

3206 Whirlaway Ct

GRAYSLAKE, IL

2 beds | 2 baths | 1,912 sq.ft.

$255,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1668

Traditional Rental Income: $2413

Airbnb ROI: -0.82%

Traditional ROI: 4.21%

17976 W Big Oaks Road

GRAYSLAKE, IL

4 beds | 3 baths | 1,757 sq.ft.

$379,900

Airbnb cash on cash: -0.36%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1705

Traditional Rental Income: $2905

Airbnb ROI: -0.36%