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.

Ruth Lake Investment Property for Sale in Homewood, IL

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Showing 67 Ruth Lake Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3360 184th Street unit: 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.	$145,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 7.69% Airbnb Rental Income: $1275 Traditional Rental Income: $1839 Airbnb ROI: 0.74% Traditional ROI: 7.69%
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.	$249,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.61% Airbnb Rental Income: $1711 Traditional Rental Income: $2248 Airbnb ROI: 0.31% Traditional ROI: 4.61%
17563 Western Avenue Homewood, IL Two bedroom one bath home with large rec room , detached garage New roof. Laminate floorin...	2 beds \| 1 baths \| 975 sq.ft.	$194,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.64% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: 0.45% Traditional ROI: 4.64%
2807 Willow Road unit: 103 Homewood, IL Here's your chance to own an affordable first floor condo in a prime Homewood location! Mi...	2 beds \| 2 baths \| 1,037 sq.ft.	$120,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 8.38% Airbnb Rental Income: $1275 Traditional Rental Income: $1816 Airbnb ROI: 0.24% Traditional ROI: 8.38%
1828 183rd Street Homewood, IL Welcome home to this beautifully updated 3-bedroom, 2-bath ranch in desirable Homewood! Id...	3 beds \| 2 baths \| 1,344 sq.ft.	$189,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 7.09% Airbnb Rental Income: $1711 Traditional Rental Income: $2224 Airbnb ROI: 1.6% Traditional ROI: 7.09%
2533 Hickory Road Homewood, IL Welcome to 2533 Hickory Road in the highly sought-after Ravisloe Country Club estate secti...	4 beds \| 2 baths \| 1,632 sq.ft.	$340,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.47% Airbnb Rental Income: $1922 Traditional Rental Income: $2404 Airbnb ROI: 0.37% Traditional ROI: 3.47%
2440 183rd Street Homewood, IL Yes!! It is perfect!! This adorable Homewood home is looking for its new owners. Move righ...	2 beds \| 2 baths \| 1,176 sq.ft.	$245,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.1% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: -1.23% Traditional ROI: 2.1%
830 Elder Road unit: 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.	$80,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 10.43% Airbnb Rental Income: $1275 Traditional Rental Income: $1708 Airbnb ROI: -0.17% Traditional ROI: 10.43%
1124 Jamie Lane Homewood, IL WELCOME TO THIS STUNNING 3-BEDROOM, 2-BATHROOM HOME, LOCATED IN ONE OF THE MOST SOUGHT-AFT...	3 beds \| 2 baths \| 1,249 sq.ft.	$339,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.91% Airbnb Rental Income: $1711 Traditional Rental Income: $2153 Airbnb ROI: 0.04% Traditional ROI: 2.91%
1339 Heather Road Homewood, IL Welcome Home! This beautifully updated 3-bedroom, 2-bathroom split level house in quiet Ho...	3 beds \| 2 baths \| 1,650 sq.ft.	$349,700	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.19% Airbnb Rental Income: $1711 Traditional Rental Income: $2188 Airbnb ROI: 0.3% Traditional ROI: 3.19%
1208 Evergreen Road Homewood, IL Beautiful Split-Level home in Homewood! Welcome to this spacious 3-bedroom, 2-bathroom spl...	3 beds \| 2 baths \| 1,174 sq.ft.	$224,999	Airbnb cash on cash: 0.59% Traditional cash on cash: 6.79% Airbnb Rental Income: $1711 Traditional Rental Income: $2558 Airbnb ROI: 0.59% Traditional ROI: 6.79%
1415 Burr Oak Road Homewood, IL Four Bedroom, 2 Bathroom Two Level Home with a full basement and Detached garage. Spacious...	4 beds \| 2 baths \| 2,170 sq.ft.	$230,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.53% Airbnb Rental Income: $1922 Traditional Rental Income: $2985 Airbnb ROI: 0.31% Traditional ROI: 7.53%
940 Holbrook Road unit: 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.	$120,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 8.72% Airbnb Rental Income: $1275 Traditional Rental Income: $1826 Airbnb ROI: 0.49% Traditional ROI: 8.72%
1236 Olive Road Homewood, IL This gorgeous 4 Bed 3.5 Bath Updated 2-story w/top of the line finishes including beautifu...	3 beds \| 4 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.7% Airbnb Rental Income: $1711 Traditional Rental Income: $2736 Airbnb ROI: -0.86% Traditional ROI: 3.7%
18024 Marlin Lane Homewood, IL Welcome to this cozy and beautifully maintained home in desirable Dolphin Lakes Estates of...	4 beds \| 3 baths \| 1,980 sq.ft.	$354,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.09% Airbnb Rental Income: $1922 Traditional Rental Income: $2626 Airbnb ROI: 0.44% Traditional ROI: 4.09%
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.	$227,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.19% Airbnb Rental Income: $1711 Traditional Rental Income: $2028 Airbnb ROI: 1.51% Traditional ROI: 5.19%
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.	$256,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.17% Airbnb Rental Income: $1711 Traditional Rental Income: $2189 Airbnb ROI: 0.23% Traditional ROI: 4.17%
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: 0.33% Traditional cash on cash: 2.96% Airbnb Rental Income: $1711 Traditional Rental Income: $2088 Airbnb ROI: 0.33% Traditional ROI: 2.96%
1617 183RD Street Homewood, IL Welcome to 1617 183rd St in Homewood! This charming 2-story home offers the perfect blend ...	3 beds \| 2 baths \| 1,569 sq.ft.	$229,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.38% Airbnb Rental Income: $1711 Traditional Rental Income: $2235 Airbnb ROI: 0.78% Traditional ROI: 5.38%
2045 Downey Road 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.	$232,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1711 Traditional Rental Income: $2430 Airbnb ROI: 0.19% Traditional ROI: 5.62%
18646 Palmer Circle Homewood, IL This charming 1,800-square-foot Cape Cod home sits in one of the friendliest neighborhoods...	4 beds \| 2 baths \| 1,397 sq.ft.	$220,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.53% Airbnb Rental Income: $1922 Traditional Rental Income: $2316 Airbnb ROI: 2.19% Traditional ROI: 6.53%
18462 Dixie Highway Homewood, IL	3 beds \| 3 baths \| 1,180 sq.ft.	$379,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.99% Airbnb Rental Income: $1711 Traditional Rental Income: $2387 Airbnb ROI: 1.76% Traditional ROI: 4.99%
903 Elder Road unit: 7 Homewood, IL Beautifully spacious and maintained home in the desirable community of Homewood, Illinois!...	2 beds \| 1 baths \| N/A	$95,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 9.26% Airbnb Rental Income: $1275 Traditional Rental Income: $1624 Airbnb ROI: 1.16% Traditional ROI: 9.26%
18430 Aberdeen Street Homewood, IL Well-maintained brick home offering comfort, space, and a great layout! The main level fea...	3 beds \| 2 baths \| 1,223 sq.ft.	$246,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.06% Airbnb Rental Income: $1711 Traditional Rental Income: $2099 Airbnb ROI: 0.35% Traditional ROI: 4.06%
930 Coach Road Homewood, IL BRAND NEW APPLIANCES! This is a fantastic opportunity to get into a sought-after Homewood ...	3 beds \| 2 baths \| 1,351 sq.ft.	$222,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 5.1% Airbnb Rental Income: $1711 Traditional Rental Income: $2144 Airbnb ROI: 0.79% Traditional ROI: 5.1%
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.	$285,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.72% Airbnb Rental Income: $1711 Traditional Rental Income: $2412 Airbnb ROI: 0.34% Traditional ROI: 4.72%
1050 Holbrook Road unit: 1H Homewood, IL Bring your decorating ideas to this great 1st floor unit. Close to the pool and clubhouse....	2 beds \| 1 baths \| N/A	$105,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 6.89% Airbnb Rental Income: $1275 Traditional Rental Income: $1610 Airbnb ROI: -0.34% Traditional ROI: 6.89%
3009 Olive Road Homewood, IL Newly updated 4 bedroom Cape Cod with a Huge oversized yard and detached garage nestled on...	4 beds \| 1 baths \| 1,262 sq.ft.	$233,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.34% Airbnb Rental Income: $1922 Traditional Rental Income: $1979 Airbnb ROI: 1.78% Traditional ROI: 4.34%
17731 LARKSPUR Lane Homewood, IL Charming 3-bed, 2-bath split-level home nestled on a quiet, tree-lined street in one of Ho...	3 beds \| 2 baths \| 1,373 sq.ft.	$299,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.98% Airbnb Rental Income: $1711 Traditional Rental Income: $2135 Airbnb ROI: -0.21% Traditional ROI: 2.98%
2514 Spruce Road Homewood, IL Welcome home to this beautifully renovated 2-bedroom, 1-bath ranch featuring a bonus room ...	2 beds \| 1 baths \| 1,129 sq.ft.	$249,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.16% Airbnb Rental Income: $1275 Traditional Rental Income: $1755 Airbnb ROI: 0.43% Traditional ROI: 4.16%
18419 Gottschalk Avenue Homewood, IL	4 beds \| 2 baths \| 1,488 sq.ft.	$235,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.95% Airbnb Rental Income: $1922 Traditional Rental Income: $2317 Airbnb ROI: 1.88% Traditional ROI: 5.95%
13 Riegel Oaks Lane Homewood, IL RARE WATERFRONT PROPERTY IN HOMEWOOD! Fabulous 1 acre property with dock and access to a l...	2 beds \| 2 baths \| 1,908 sq.ft.	$399,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.61% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: -0.45% Traditional ROI: 1.61%
1812 Cedar Road Homewood, IL Darling vintage home in beloved old Homewood! Right across from a recently updated and sup...	2 beds \| 1 baths \| 869 sq.ft.	$224,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.48% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: -0.15% Traditional ROI: 3.48%
17531 Western Avenue Homewood, IL Welcome to this beautifully updated ranch in the heart of Homewood! This home features a s...	2 beds \| 1 baths \| 1,244 sq.ft.	$259,500	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.11% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: 1.96% Traditional ROI: 5.11%
1100 186th Street Homewood, IL	4 beds \| 2 baths \| 2,290 sq.ft.	$305,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.49% Airbnb Rental Income: $1922 Traditional Rental Income: $2693 Airbnb ROI: 0.03% Traditional ROI: 4.49%
18065 Harwood Avenue unit: A Homewood, IL A simply wonderful condo located in an elevator building in the Heart of Homewood (in the ...	2 beds \| 2 baths \| 1,240 sq.ft.	$194,000	Airbnb cash on cash: -3.21% Traditional cash on cash: 3.9% Airbnb Rental Income: $1275 Traditional Rental Income: $2184 Airbnb ROI: -3.21% Traditional ROI: 3.9%
18135 Cherrywood Lane Homewood, IL Looking for assistance? This home is IHDA Access Home Eligible for many buyers! Located in...	4 beds \| 3 baths \| 2,263 sq.ft.	$419,700	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.32% Airbnb Rental Income: $1922 Traditional Rental Income: $2585 Airbnb ROI: -0.66% Traditional ROI: 2.32%
18205 HART Drive unit: 3A Homewood, IL Welcome to this move in ready first floor condo offering comfort, convenience, and flexibi...	2 beds \| 2 baths \| 1,200 sq.ft.	$149,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 8.17% Airbnb Rental Income: $1275 Traditional Rental Income: $1645 Airbnb ROI: 2.79% Traditional ROI: 8.17%
2524 Locust Road Homewood, IL Welcome to this charming home located at 2524 Locust Rd. This well-maintained property fea...	3 beds \| 2 baths \| 1,400 sq.ft.	$219,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 7.56% Airbnb Rental Income: $1711 Traditional Rental Income: $2256 Airbnb ROI: 2.66% Traditional ROI: 7.56%
18547 Lexington Avenue Homewood, IL Welcome to this charming and spacious raised ranch nestled in one of the friendliest neigh...	3 beds \| 1 baths \| 1,369 sq.ft.	$259,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.29% Airbnb Rental Income: $1711 Traditional Rental Income: $1869 Airbnb ROI: 0.7% Traditional ROI: 3.29%

Your search for investment property begins and ends here

Ruth Lake Investment Property for Sale in Homewood, IL

3360 184th Street unit: 3W

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$145,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1275

Traditional Rental Income: $1839

Airbnb ROI: 0.74%

Traditional ROI: 7.69%

1750 183rd Street

Homewood, IL

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

$249,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1711

Traditional Rental Income: $2248

Airbnb ROI: 0.31%

Traditional ROI: 4.61%

17563 Western Avenue

Homewood, IL

2 beds | 1 baths | 975 sq.ft.

$194,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1275

Traditional Rental Income: $1645

Airbnb ROI: 0.45%

Traditional ROI: 4.64%

2807 Willow Road unit: 103

Homewood, IL

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

$120,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 8.38%

Airbnb Rental Income: $1275

Traditional Rental Income: $1816

Airbnb ROI: 0.24%

Traditional ROI: 8.38%

1828 183rd Street

Homewood, IL

3 beds | 2 baths | 1,344 sq.ft.

$189,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 7.09%

Airbnb Rental Income: $1711

Traditional Rental Income: $2224

Airbnb ROI: 1.6%

Traditional ROI: 7.09%

2533 Hickory Road

Homewood, IL

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

$340,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1922

Traditional Rental Income: $2404

Airbnb ROI: 0.37%

Traditional ROI: 3.47%

2440 183rd Street

Homewood, IL

2 beds | 2 baths | 1,176 sq.ft.

$245,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1275

Traditional Rental Income: $1645

Airbnb ROI: -1.23%

Traditional ROI: 2.1%

830 Elder Road unit: 111

Homewood, IL

2 beds | 2 baths | 900 sq.ft.

$80,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 10.43%

Airbnb Rental Income: $1275

Traditional Rental Income: $1708

Airbnb ROI: -0.17%