Real Estate Investment Properties for Sale in Homewood, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3360 184th Street #3W Homewood, IL Move-in ready 2-bed, 2-bath condo with a cozy fireplace, private 1-car garage, and an over...	2 beds \| 2 baths \| 900 sq.ft.	$163,500	Airbnb cash on cash: 4.12% Traditional cash on cash: 6.73% Airbnb Rental Income: $1945 Traditional Rental Income: $1839 Airbnb ROI: 4.12% Traditional ROI: 6.73%
1750 183rd Street Homewood, IL Opportunity awaits with this spacious 4-bedroom, 3-bathroom home featuring a thoughtfully ...	3 beds \| 3 baths \| 1,300 sq.ft.	$265,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.28% Airbnb Rental Income: $1840 Traditional Rental Income: $2248 Airbnb ROI: 0.66% Traditional ROI: 4.28%
2807 Willow Road #103 Homewood, IL Rarely available first-floor end-unit condo in Homewood, just minutes from the Metra, park...	2 beds \| 2 baths \| 1,037 sq.ft.	$125,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 8.02% Airbnb Rental Income: $1945 Traditional Rental Income: $1816 Airbnb ROI: 4.83% Traditional ROI: 8.02%
2533 Hickory Road Homewood, IL ABOUT THIS HOME: This beautifully renovated home offers exceptional value with over $140,0...	4 beds \| 2 baths \| 1,632 sq.ft.	$329,500	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.57% Airbnb Rental Income: $2994 Traditional Rental Income: $2404 Airbnb ROI: 3.25% Traditional ROI: 3.57%
17739 Harwood Avenue Homewood, IL Adorable four bedroom split level in highly desirable Homewood/Flossmoor school district f...	4 beds \| 2 baths \| 1,323 sq.ft.	$275,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 4.59% Airbnb Rental Income: $2994 Traditional Rental Income: $2286 Airbnb ROI: 4.67% Traditional ROI: 4.59%
830 Elder Road #111 Homewood, IL Spacious first-floor 2-bedroom, 2-bath condo with private patio and garage parking. The un...	2 beds \| 2 baths \| 900 sq.ft.	$95,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 8.72% Airbnb Rental Income: $1945 Traditional Rental Income: $1708 Airbnb ROI: 5.74% Traditional ROI: 8.72%
1821 Terrace Road Homewood, IL Beautiful 4-bedroom, 2.5-bath two-story home on an oversized lot in Homewood. The main lev...	4 beds \| 3 baths \| 2,690 sq.ft.	$410,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 2.87% Airbnb Rental Income: $2994 Traditional Rental Income: $2635 Airbnb ROI: 2.01% Traditional ROI: 2.87%
1308 W 191st Street Homewood, IL Welcome home! this beautiful split level property features 3 bed 2 bath, hardwood floors, ...	3 beds \| 2 baths \| 1,820 sq.ft.	$253,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.54% Airbnb Rental Income: $1840 Traditional Rental Income: $2537 Airbnb ROI: 0.55% Traditional ROI: 5.54%
18340 CHERRY CREEK Drive #7 Homewood, IL Great 2 bed 1 bath condo in Homewood. Spacious living room with balcony. Enjoy cooking in...	2 beds \| 1 baths \| 1,010 sq.ft.	$105,999	Airbnb cash on cash: 4.02% Traditional cash on cash: 6.16% Airbnb Rental Income: $1945 Traditional Rental Income: $1652 Airbnb ROI: 4.02% Traditional ROI: 6.16%
1607 183rd Street Homewood, IL Previous Buyer's financing fell through!!! Fabulous New listing in award winning schoo...	4 beds \| 2 baths \| 1,980 sq.ft.	$235,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 7.62% Airbnb Rental Income: $2994 Traditional Rental Income: $2764 Airbnb ROI: 5.56% Traditional ROI: 7.62%
18210 Perth Avenue Homewood, IL This charming 2 story home sits on a spacious lot and offers nearly 2,000 square feet of t...	4 beds \| 2 baths \| 1,950 sq.ft.	$261,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 5.65% Airbnb Rental Income: $2994 Traditional Rental Income: $2526 Airbnb ROI: 4.76% Traditional ROI: 5.65%
18548 Lyn Court Homewood, IL *********THIS SELLER LOVES BUYERS AGENTS********* SPECIAL INCENTIVES OFFERED TO POLI...	3 beds \| 3 baths \| 1,600 sq.ft.	$190,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 8.68% Airbnb Rental Income: $1840 Traditional Rental Income: $2495 Airbnb ROI: 2.31% Traditional ROI: 8.68%
3240 Knollwood Lane Homewood, IL This beautiful split-level home offers 4 bedrooms, 2 and a half bathrooms, an attached 2-c...	4 beds \| 3 baths \| 2,317 sq.ft.	$369,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.65% Airbnb Rental Income: $2994 Traditional Rental Income: $3064 Airbnb ROI: 2.46% Traditional ROI: 4.65%
19126 Pierce Avenue Homewood, IL Welcome to this beautifully maintained, classic 2-story home situated on a corner lot, off...	4 beds \| 3 baths \| 2,700 sq.ft.	$395,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.52% Airbnb Rental Income: $2994 Traditional Rental Income: $3174 Airbnb ROI: 2.18% Traditional ROI: 4.52%
17720 Ashland Avenue Homewood, IL OPEN VIEWINGS TOURS SCHEDULED SATURDAY 9/13, 12-3PM & Owner is continuing to show.** F...	3 beds \| 2 baths \| 1,237 sq.ft.	$287,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.74% Airbnb Rental Income: $1840 Traditional Rental Income: $2211 Airbnb ROI: 0.53% Traditional ROI: 3.74%
18024 Marlin Lane Homewood, IL Welcome to this beautifully maintained home nestled in desirable Dolphin Lakes Estates of ...	4 beds \| 3 baths \| 1,587 sq.ft.	$379,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 3.87% Airbnb Rental Income: $2994 Traditional Rental Income: $2626 Airbnb ROI: 2.98% Traditional ROI: 3.87%
2311 183rd Street #309 Homewood, IL First deal failed a few days b4 closing!! Shows like a model.....Absolutely fabulous unit ...	3 beds \| 2 baths \| 1,300 sq.ft.	$219,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.44% Airbnb Rental Income: $1840 Traditional Rental Income: $2109 Airbnb ROI: 0.77% Traditional ROI: 4.44%
18327 Argyle Avenue Homewood, IL Discover your dream home in a highly sought-after Homewood neighborhood known for its welc...	3 beds \| 2 baths \| 1,718 sq.ft.	$250,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.26% Airbnb Rental Income: $1840 Traditional Rental Income: $2366 Airbnb ROI: 1.93% Traditional ROI: 6.26%
18745 Queens Road Homewood, IL PRICE REDUCED AND SELLER WANTS A QUICK SALE! GORGEOUS HOME WITH NUMEROUS UPDATES INSIDE AN...	3 beds \| 3 baths \| 1,667 sq.ft.	$279,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.75% Airbnb Rental Income: $1840 Traditional Rental Income: $2560 Airbnb ROI: 1.13% Traditional ROI: 5.75%
18509 Stedhall Road Homewood, IL Solid brick and vinyl 3-bedroom, 2-bathroom home with a bonus room in the basement, ready ...	3 beds \| 2 baths \| 938 sq.ft.	$238,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 4.91% Airbnb Rental Income: $1840 Traditional Rental Income: $2028 Airbnb ROI: 1.87% Traditional ROI: 4.91%
18823 Ashland Avenue Homewood, IL Stunning 4-bedroom, 2-bath home nestled on a serene side street in Homewood! This charming...	3 beds \| 2 baths \| 1,418 sq.ft.	$286,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.64% Airbnb Rental Income: $1840 Traditional Rental Income: $2189 Airbnb ROI: 0.5% Traditional ROI: 3.64%
1635 Linden Road Homewood, IL Welcome to this beautiful Homewood home. The foyer leads to a front office area and a spa...	5 beds \| 2 baths \| 1,476 sq.ft.	$275,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 5.42% Airbnb Rental Income: $3055 Traditional Rental Income: $2462 Airbnb ROI: 5.02% Traditional ROI: 5.42%
18530 Stedhall Road Homewood, IL Welcome to this stunning and completely remodeled 3 bedroom, 2 bathroom home! Nestled in a...	3 beds \| 2 baths \| 1,497 sq.ft.	$285,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.5% Airbnb Rental Income: $1840 Traditional Rental Income: $2363 Airbnb ROI: 1.71% Traditional ROI: 5.5%
1121 Olive Road Homewood, IL Welcome to this classic brick residence offering generous living space and a convenient Ho...	3 beds \| 3 baths \| 1,864 sq.ft.	$296,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.53% Airbnb Rental Income: $1840 Traditional Rental Income: $2748 Airbnb ROI: 0.49% Traditional ROI: 5.53%
1624 Burr Oak Road Homewood, IL Beautifully renovated in 2024, this charming Homewood bungalow combines timeless character...	3 beds \| 2 baths \| 1,300 sq.ft.	$345,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.96% Airbnb Rental Income: $1840 Traditional Rental Income: $2088 Airbnb ROI: 0.66% Traditional ROI: 2.96%
1725 Cedar Road Homewood, IL Nicely updated frame bungalow on a tree lined street offers immediate move-in amenities an...	2 beds \| 1 baths \| 955 sq.ft.	$224,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 4.23% Airbnb Rental Income: $1945 Traditional Rental Income: $1752 Airbnb ROI: 2.73% Traditional ROI: 4.23%
18229 Hart Drive Homewood, IL Wonderful investment opportunity for this brick 4-unit building! Always fully rented wi...	7 beds \| 4 baths \| N/A	$535,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 1% Airbnb Rental Income: $3055 Traditional Rental Income: $2602 Airbnb ROI: 0.51% Traditional ROI: 1%

Real Estate investment in Homewood, IL

There are 54 properties for sale in the city of Homewood . The median list price in Homewood is $263,000 and the average price per square foot is $171. In October 2025, the average monthly cash on cash return in Homewood is 5.00%. The average monthly rental income in Homewood is $2,342.

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

There are 54 investment properties available for sale in Homewood.

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

The ROI for Long-Term is higher than the Short-Term in Homewood with average rental income of $2,342.

Your search for investment property begins and ends here

Investment Property for Sale in Homewood, IL

3360 184th Street #3W

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$163,500

Airbnb cash on cash: 4.12%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1945

Traditional Rental Income: $1839

Airbnb ROI: 4.12%

Traditional ROI: 6.73%

1750 183rd Street

Homewood, IL

3 beds | 3 baths | 1,300 sq.ft.

$265,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1840

Traditional Rental Income: $2248

Airbnb ROI: 0.66%

Traditional ROI: 4.28%

2807 Willow Road #103

Homewood, IL

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

$125,000

Airbnb cash on cash: 4.83%

Traditional cash on cash: 8.02%

Airbnb Rental Income: $1945

Traditional Rental Income: $1816

Airbnb ROI: 4.83%

Traditional ROI: 8.02%

2533 Hickory Road

Homewood, IL

4 beds | 2 baths | 1,632 sq.ft.

$329,500

Airbnb cash on cash: 3.25%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $2994

Traditional Rental Income: $2404

Airbnb ROI: 3.25%

Traditional ROI: 3.57%

17739 Harwood Avenue

Homewood, IL

4 beds | 2 baths | 1,323 sq.ft.

$275,000

Airbnb cash on cash: 4.67%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $2994

Traditional Rental Income: $2286

Airbnb ROI: 4.67%

Traditional ROI: 4.59%

830 Elder Road #111

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$95,000

Airbnb cash on cash: 5.74%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $1945

Traditional Rental Income: $1708

Airbnb ROI: 5.74%

Traditional ROI: 8.72%

1821 Terrace Road

Homewood, IL

4 beds | 3 baths | 2,690 sq.ft.

$410,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 2.87%

Airbnb Rental Income: $2994

Traditional Rental Income: $2635

Airbnb ROI: 2.01%

Traditional ROI: 2.87%

1308 W 191st Street

Homewood, IL

3 beds | 2 baths | 1,820 sq.ft.

$253,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1840

Traditional Rental Income: $2537

Airbnb ROI: 0.55%