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
2205 Downey Rd Homewood, IL Welcome to this spacious 3-bedroom, 1.5-bath home situated on a generous 44' x 115' lot! T...	3 beds \| 1 baths \| 1,400 sq.ft.	$265,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 5.53% Airbnb Rental Income: $1662 Traditional Rental Income: $2270 Airbnb ROI: 1.23% Traditional ROI: 5.53%
18646 Golfview Ave Homewood, IL Lovely home right on a fantastic park! This 4 bedroom home is ready for you to enjoy. The ...	4 beds \| 2 baths \| 1,664 sq.ft.	$339,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 3.26% Airbnb Rental Income: $2401 Traditional Rental Income: $2439 Airbnb ROI: 1.35% Traditional ROI: 3.26%
18462 Gottschalk Avenue Homewood, IL PREVIOUS CONTRACT JUST FELL THROUGH!!!!!!!GORGEOUS IS THIS COMPLETELY REMODELED 4 BEDROOM ...	4 beds \| 2 baths \| 2,000 sq.ft.	$355,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.41% Airbnb Rental Income: $2401 Traditional Rental Income: $2294 Airbnb ROI: 1.96% Traditional ROI: 3.41%
1114 185th Place Homewood, IL Spacious 5-bedroom, 3-bath split-level home with an attached 2-car garage is ready for you...	4 beds \| 3 baths \| 3,000 sq.ft.	$315,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.64% Airbnb Rental Income: $2401 Traditional Rental Income: $3076 Airbnb ROI: 1.37% Traditional ROI: 5.64%
940 Holbrook Rd #6A Homewood, IL This first floor condo is in an amazing location in Cameo Condominiums 55+ community. Two-...	2 beds \| 1 baths \| 950 sq.ft.	$99,500	Airbnb cash on cash: 6.34% Traditional cash on cash: 9.56% Airbnb Rental Income: $2007 Traditional Rental Income: $1826 Airbnb ROI: 6.34% Traditional ROI: 9.56%
18340 CHERRY CREEK Drive #7 Homewood, IL	2 beds \| 1 baths \| 1,010 sq.ft.	$101,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 6.39% Airbnb Rental Income: $2007 Traditional Rental Income: $1652 Airbnb ROI: 4.67% Traditional ROI: 6.39%
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.	$225,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.24% Airbnb Rental Income: $1662 Traditional Rental Income: $2028 Airbnb ROI: 1.34% Traditional ROI: 5.24%
820 Elder Rd #c315 Homewood, IL Wonderful updated condo with lots of amenities living/dining room combo with new vinyl flo...	1 beds \| 1 baths \| 700 sq.ft.	$79,990	Airbnb cash on cash: 1.81% Traditional cash on cash: 10.83% Airbnb Rental Income: $1203 Traditional Rental Income: $1524 Airbnb ROI: 1.81% Traditional ROI: 10.83%
2045 Downey Rd Homewood, IL Beautiful 3 bed, 2 bath home in Homewood featuring a stunning open kitchen with island tha...	3 beds \| 2 baths \| 1,798 sq.ft.	$219,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.88% Airbnb Rental Income: $1662 Traditional Rental Income: $2430 Airbnb ROI: 0.04% Traditional ROI: 5.88%
930 Coach Rd Homewood, IL BRAND NEW APPLIANCES! This is a fantastic opportunity to get into a sought-after Homewood ...	3 beds \| 1 baths \| 1,351 sq.ft.	$214,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.21% Airbnb Rental Income: $1662 Traditional Rental Income: $2144 Airbnb ROI: 0.62% Traditional ROI: 5.21%
1834 TERRACE Road Homewood, IL Welcome to this inviting 3-bedroom, 1.5-bathroom split-level home, offering comfort, chara...	3 beds \| 2 baths \| 1,676 sq.ft.	$265,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.14% Airbnb Rental Income: $1662 Traditional Rental Income: $2412 Airbnb ROI: 0.28% Traditional ROI: 5.14%
19020 Kedzie Ave Homewood, IL	5 beds \| N/A baths \| 0 sq.ft.	$690,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.24% Airbnb Rental Income: $null Traditional Rental Income: $748 Airbnb ROI: N/A Traditional ROI: -2.24%
3533 Flossmoor Rd Homewood, IL 3533 Flossmoor Rd, Homewood, IL 60430 \| Other	2 beds \| N/A baths \| N/A	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $762 Airbnb ROI: N/A Traditional ROI: 2.36%
940 Holbrook Rd #33B Homewood, IL 940 Holbrook Rd #33B, Homewood, IL 60430 \| Condo/Coop	1 beds \| 1 baths \| 680 sq.ft.	$88,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.84% Airbnb Rental Income: $1203 Traditional Rental Income: $1071 Airbnb ROI: 1.85% Traditional ROI: 4.84%
18135 Cherrywood Lane Homewood, IL Lovingly cared for home in Homewood Flossmoor School District! Ready to move in, plug in y...	4 beds \| 3 baths \| 2,263 sq.ft.	$407,700	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.72% Airbnb Rental Income: $2401 Traditional Rental Income: $3081 Airbnb ROI: 0.4% Traditional ROI: 3.72%
17658 Lincoln Avenue Homewood, IL Welcome to this charming single-story home in Homewood, offering comfort, convenience, and...	3 beds \| 2 baths \| 2,001 sq.ft.	$266,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.22% Airbnb Rental Income: $1662 Traditional Rental Income: $2548 Airbnb ROI: -0.17% Traditional ROI: 5.22%
830 Elder Road #B114 Homewood, IL BEAUTIFUL 2 BED/2 BATH CONDO IN GREAT HOMEWOOD, IL. Features: New bathrooms (2), New floor...	2 beds \| 2 baths \| 900 sq.ft.	$159,900	Airbnb cash on cash: 7.33% Traditional cash on cash: 9.63% Airbnb Rental Income: $2007 Traditional Rental Income: $1834 Airbnb ROI: 7.33% Traditional ROI: 9.63%
2058 Downey Rd Homewood, IL Charming & Well-Located Home in the Heart of Homewood! Welcome to 2058 Downey Rd, a well-m...	4 beds \| 2 baths \| 1,305 sq.ft.	$241,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.61% Airbnb Rental Income: $2401 Traditional Rental Income: $2258 Airbnb ROI: 2.82% Traditional ROI: 4.61%
1050 Holbrook Rd #Q Homewood, IL	2 beds \| 2 baths \| 1,150 sq.ft.	$120,150	Airbnb cash on cash: 5.39% Traditional cash on cash: 4.2% Airbnb Rental Income: $2007 Traditional Rental Income: $1345 Airbnb ROI: 5.39% Traditional ROI: 4.2%
820 Elder Rd #C411 Homewood, IL Welcome to this beautifully remodeled condo offering 2 bedrooms and 1.5 bathrooms in a hig...	2 beds \| 1 baths \| 950 sq.ft.	$135,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.3% Airbnb Rental Income: $2007 Traditional Rental Income: $1886 Airbnb ROI: 3.19% Traditional ROI: 6.3%
820 Elder Rd #C115 Homewood, IL 820 Elder Rd #C115, Homewood, IL 60430 \| Condo/Coop	1 beds \| 1 baths \| 750 sq.ft.	$74,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.18% Airbnb Rental Income: $1203 Traditional Rental Income: $1123 Airbnb ROI: 0.99% Traditional ROI: 5.18%
18415 Morris Avenue Homewood, IL Beautifully updated and move-in ready, this inviting home in desirable Homewood, Illinois,...	3 beds \| 2 baths \| 1,320 sq.ft.	$319,700	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.61% Airbnb Rental Income: $1662 Traditional Rental Income: $2250 Airbnb ROI: 0.11% Traditional ROI: 3.61%
18600 Golfview Avenue Homewood, IL This beautifully updated brick and frame home in Homewood, IL is move-in ready and waiting...	4 beds \| 2 baths \| 1,382 sq.ft.	$344,700	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.71% Airbnb Rental Income: $2401 Traditional Rental Income: $2306 Airbnb ROI: 2.19% Traditional ROI: 3.71%
18345 Pierce Avenue Homewood, IL PRICE REDUCED! Freshly painted, professionally cleaned throughout, and in **move-in co...	4 beds \| 2 baths \| 1,225 sq.ft.	$259,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.09% Airbnb Rental Income: $2401 Traditional Rental Income: $2242 Airbnb ROI: 2.33% Traditional ROI: 4.09%
2127 Downey Rd Homewood, IL 2127 Downey Rd, Homewood, IL 60430 \| Single Family Residential	3 beds \| 1 baths \| 1,346 sq.ft.	$329,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.08% Airbnb Rental Income: $1662 Traditional Rental Income: $1434 Airbnb ROI: 0.32% Traditional ROI: 1.08%
840 Elder Road #A409 Homewood, IL Welcome to the crown jewel of Homewood Shores! This beautifully renovated condo offers the...	2 beds \| 2 baths \| 1,090 sq.ft.	$149,900	Airbnb cash on cash: 7.92% Traditional cash on cash: 10.6% Airbnb Rental Income: $2007 Traditional Rental Income: $1868 Airbnb ROI: 7.92% Traditional ROI: 10.6%
18847 May Avenue Homewood, IL Welcome to your next home in Homewood-where charm meets lifestyle! This spacious four-bedr...	4 beds \| 3 baths \| 2,500 sq.ft.	$389,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 5.04% Airbnb Rental Income: $2401 Traditional Rental Income: $3178 Airbnb ROI: 1.29% Traditional ROI: 5.04%
18526 Dixie Highway Homewood, IL More space than meets the eye! This updated 3-bed, 2-bath ranch offers a fully finished ba...	3 beds \| 2 baths \| 1,050 sq.ft.	$247,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 5.02% Airbnb Rental Income: $1662 Traditional Rental Income: $2070 Airbnb ROI: 1.27% Traditional ROI: 5.02%
1712 Linden Road Homewood, IL	4 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 6.12% Airbnb Rental Income: $2401 Traditional Rental Income: $2781 Airbnb ROI: 2.38% Traditional ROI: 6.12%
940 Holbrook Rd #1A Homewood, IL 940 Holbrook Rd #1A, Homewood, IL 60430 \| Condo/Coop	2 beds \| 1 baths \| 900 sq.ft.	$124,900	Airbnb cash on cash: 5.17% Traditional cash on cash: 3.17% Airbnb Rental Income: $2007 Traditional Rental Income: $1243 Airbnb ROI: 5.17% Traditional ROI: 3.17%
18400 Cherry Creek Drive #112 Homewood, IL THIS FANTASTIC FIRST-FLOOR TWO-BEDROOM, TWO-BATHROOM CONDO IN THE WONDERFUL CHERRY CREEK C...	2 beds \| 2 baths \| 1,000 sq.ft.	$149,900	Airbnb cash on cash: 8.35% Traditional cash on cash: 11.46% Airbnb Rental Income: $2007 Traditional Rental Income: $1930 Airbnb ROI: 8.35% Traditional ROI: 11.46%
17561 Sycamore Drive Homewood, IL	2 beds \| 1 baths \| 949 sq.ft.	$205,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 4.96% Airbnb Rental Income: $2007 Traditional Rental Income: $1693 Airbnb ROI: 3.89% Traditional ROI: 4.96%
18830 May Avenue Homewood, IL WELCOME TO THIS BEAUTIFULLY REMODELED HOME IN SOUGHT-AFTER HOMEWOOD! COMPLETELY RENOVATED ...	4 beds \| 3 baths \| 1,282 sq.ft.	$419,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.87% Airbnb Rental Income: $2401 Traditional Rental Income: $2410 Airbnb ROI: 1.35% Traditional ROI: 2.87%
17555 Howe Avenue Homewood, IL Welcome home to this beautifully updated ranch, ideally located just moments from the vibr...	2 beds \| 1 baths \| 1,000 sq.ft.	$215,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.49% Airbnb Rental Income: $2007 Traditional Rental Income: $1525 Airbnb ROI: 3.28% Traditional ROI: 3.49%

Real Estate investment in Homewood, IL

There are 65 properties for sale in the city of Homewood . The median list price in Homewood is $247,202 and the average price per square foot is $171. In September 2026, the average monthly cash on cash return in Homewood is 5.00%. The average monthly rental income in Homewood is $2,153.

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

There are 65 investment properties available for sale in Homewood.

In 2026, 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 $2,153.

Your search for investment property begins and ends here

Investment Property for Sale in Homewood, IL

2205 Downey Rd

Homewood, IL

3 beds | 1 baths | 1,400 sq.ft.

$265,000

Airbnb cash on cash: 1.23%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $1662

Traditional Rental Income: $2270

Airbnb ROI: 1.23%

Traditional ROI: 5.53%

18646 Golfview Ave

Homewood, IL

4 beds | 2 baths | 1,664 sq.ft.

$339,900

Airbnb cash on cash: 1.35%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $2401

Traditional Rental Income: $2439

Airbnb ROI: 1.35%

Traditional ROI: 3.26%

18462 Gottschalk Avenue

Homewood, IL

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

$355,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $2401

Traditional Rental Income: $2294

Airbnb ROI: 1.96%

Traditional ROI: 3.41%

1114 185th Place

Homewood, IL

4 beds | 3 baths | 3,000 sq.ft.

$315,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $2401

Traditional Rental Income: $3076

Airbnb ROI: 1.37%

Traditional ROI: 5.64%

940 Holbrook Rd #6A

Homewood, IL

2 beds | 1 baths | 950 sq.ft.

$99,500

Airbnb cash on cash: 6.34%

Traditional cash on cash: 9.56%

Airbnb Rental Income: $2007

Traditional Rental Income: $1826

Airbnb ROI: 6.34%

Traditional ROI: 9.56%

18340 CHERRY CREEK Drive #7

Homewood, IL

2 beds | 1 baths | 1,010 sq.ft.

$101,000

Airbnb cash on cash: 4.67%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $2007

Traditional Rental Income: $1652

Airbnb ROI: 4.67%

Traditional ROI: 6.39%

18509 Stedhall Road

Homewood, IL

3 beds | 2 baths | 938 sq.ft.

$225,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1662

Traditional Rental Income: $2028

Airbnb ROI: 1.34%

Traditional ROI: 5.24%

820 Elder Rd #c315

Homewood, IL

1 beds | 1 baths | 700 sq.ft.

$79,990

Airbnb cash on cash: 1.81%

Traditional cash on cash: 10.83%

Airbnb Rental Income: $1203

Traditional Rental Income: $1524

Airbnb ROI: 1.81%