Real Estate Investment Properties for Sale in Lake Carroll, IL

Looking for investment property in Lake Carroll, IL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1-11 GRANDVIEW Lake Carroll, IL There is so much to love about this beautiful, upgraded, exceptionally spacious home set o...	4 beds \| 3 baths \| 1,581 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $2681 Airbnb ROI: N/A Traditional ROI: 2.79%
30-45 Brookside Lake Carroll, IL Tucked inside the private, premier community of Lake Carroll, this 3-bedroom, 3-bath home ...	3 beds \| 3 baths \| 1,035 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 3.57%
25-41 Old Mill Lake Carroll, IL This inviting ranch home is ready for you to start enjoying Lake Carroll living. The main ...	3 beds \| 2 baths \| 1,008 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2066 Airbnb ROI: N/A Traditional ROI: 3.79%
26-58 Blackwood Lake Carroll, IL Beautifully Maintained Home in a Park-Like Setting with Lake Access - Nestled in a serene,...	4 beds \| 3 baths \| 500 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.91% Airbnb Rental Income: $null Traditional Rental Income: $1553 Airbnb ROI: N/A Traditional ROI: 0.91%
27-53 Ridgeview Lake Carroll, IL Lakefront Living at Its Best! Sitting on 1.47 acres with 120' of waterfrontage, this 4-bed...	4 beds \| 3 baths \| 1,380 sq.ft.	$719,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.09% Airbnb Rental Income: $null Traditional Rental Income: $2721 Airbnb ROI: N/A Traditional ROI: 1.09%
28-1 Lake Carroll Lake Carroll, IL This stunning Cape Cod is everything youâve been dreaming of! From the moment you arrive...	4 beds \| 4 baths \| 1,403 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.25% Airbnb Rental Income: $null Traditional Rental Income: $1553 Airbnb ROI: N/A Traditional ROI: 0.25%
1-145 Perry Lake Carroll, IL WATERFRONT HOME ON BEAUTIFUL OPEN WATER. Well maintained exposed ranch style with open flo...	2 beds \| 3 baths \| 3,154 sq.ft.	$889,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.93% Airbnb Rental Income: $null Traditional Rental Income: $3183 Airbnb ROI: N/A Traditional ROI: 0.93%
21-50 Marina Lake Carroll, IL Welcome to this stunning LAKEFRONT home on a large lot in beautiful Lake Carroll, offering...	5 beds \| 4 baths \| 3,252 sq.ft.	$645,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $4457 Airbnb ROI: N/A Traditional ROI: 4.22%
25-50 Cottage Hill Lake Carroll, IL YOU WILL NOT BELIEVE THE MAGNIFICENT WATER VIEWS from this spectacular, newly renovated, w...	4 beds \| 4 baths \| 3,840 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $3670 Airbnb ROI: N/A Traditional ROI: 4.04%
28-80 Highland Lake Carroll, IL Welcome to this beautifully maintained retreat on 1.79 professionally landscaped acres at ...	4 beds \| 4 baths \| 1,655 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $2893 Airbnb ROI: N/A Traditional ROI: 2.31%
24-13 Hidden Ranch Lake Carroll, IL WATERFRONT!! BRAND NEW Lakefront Home. Be the first to see this stunning brand new 5-bedr...	5 beds \| 3 baths \| 1,580 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $3024 Airbnb ROI: N/A Traditional ROI: 1.9%
1-150R Perry Lake Carroll, IL Welcome to this beautiful ranch home set on a generous .78 acre lot, with a 3-seasons lake...	3 beds \| 3 baths \| 952 sq.ft.	$382,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: 2.65%
23-30 Berkshire Lake Carroll, IL Welcome to your waterfront getaway at Lake Carroll! This move-in ready home offers an open...	3 beds \| 3 baths \| 2,784 sq.ft.	$514,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $3439 Airbnb ROI: N/A Traditional ROI: 3.47%
4-208R Beachcomber Lake Carroll, IL This inviting 3-bedroom, 2.5-bath tri-level home offers an ideal blend of privacy, comfort...	3 beds \| 3 baths \| 1,435 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 4.95%
31-104 Kemper Lake Carroll, IL Lake Carroll home situated on 1.33 acres with scenic country views, offering a solid layou...	3 beds \| 3 baths \| 750 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 7%
21-59 Lake Carroll Lake Carroll, IL NEW HOME WITH DEEDED BOAT SLIP, secured for 2026 season; East Marina B-11. This home has j...	4 beds \| 4 baths \| 2,880 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $3333 Airbnb ROI: N/A Traditional ROI: 5%
4-176 Misty Court Lake Carroll, IL Welcome to your Lake Carroll retreat, where peaceful lake views, privacy, and a true sense...	3 beds \| 3 baths \| 2,410 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2976 Airbnb ROI: N/A Traditional ROI: 6.15%
28-12 Lake Carroll Lake Carroll, IL Magnificently renovated 2 story cottage on a secluded glorious 2.92 acre lot with seasonal...	3 beds \| 4 baths \| 1,920 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.89% Airbnb Rental Income: $null Traditional Rental Income: $1298 Airbnb ROI: N/A Traditional ROI: 0.89%
17-130 Edgewater Drive Lake Carroll, IL Move right in and start enjoying the lake lifestyle immediately-this beautifully maintaine...	3 beds \| 2 baths \| 1,564 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.6% Airbnb Rental Income: $null Traditional Rental Income: $1298 Airbnb ROI: N/A Traditional ROI: 0.6%
31-5 Medinah Lake Carroll, IL This ranch home built in 1990 located at beautiful Lake Carroll is conveniently situated n...	3 beds \| 2 baths \| 3,446 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.42% Airbnb Rental Income: $null Traditional Rental Income: $1298 Airbnb ROI: N/A Traditional ROI: -0.42%

Real Estate investment in Lake-carroll, IL

There are 20 properties for sale in the city of Lake Carroll . The median list price in Lake Carroll is $459,000 and the average price per square foot is $229. In March 2026, the average monthly cash on cash return in Lake Carroll is 24.00%. The average monthly rental income in Lake Carroll is $979.

Lake-carroll, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Lake-carroll.

The ROI for Short-Term is higher than the Long-Term in Lake-carroll with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Carroll, IL

1-11 GRANDVIEW

Lake Carroll, IL

4 beds | 3 baths | 1,581 sq.ft.

$459,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2681

Airbnb ROI: N/A

Traditional ROI: 2.79%

30-45 Brookside

Lake Carroll, IL

3 beds | 3 baths | 1,035 sq.ft.

$339,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2201

Airbnb ROI: N/A

Traditional ROI: 3.57%

25-41 Old Mill

Lake Carroll, IL

3 beds | 2 baths | 1,008 sq.ft.

$269,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2066

Airbnb ROI: N/A

Traditional ROI: 3.79%

26-58 Blackwood

Lake Carroll, IL

4 beds | 3 baths | 500 sq.ft.

$389,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.91%

Airbnb Rental Income: $null

Traditional Rental Income: $1553

Airbnb ROI: N/A

Traditional ROI: 0.91%

27-53 Ridgeview

Lake Carroll, IL

4 beds | 3 baths | 1,380 sq.ft.

$719,500

Airbnb cash on cash: N/A

Traditional cash on cash: 1.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2721

Airbnb ROI: N/A

Traditional ROI: 1.09%

28-1 Lake Carroll

Lake Carroll, IL

4 beds | 4 baths | 1,403 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1553

Airbnb ROI: N/A

Traditional ROI: 0.25%

1-145 Perry

Lake Carroll, IL

2 beds | 3 baths | 3,154 sq.ft.

$889,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.93%

Airbnb Rental Income: $null

Traditional Rental Income: $3183

Airbnb ROI: N/A

Traditional ROI: 0.93%

21-50 Marina

Lake Carroll, IL

5 beds | 4 baths | 3,252 sq.ft.

$645,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.22%

Airbnb Rental Income: $null

Traditional Rental Income: $4457

Airbnb ROI: N/A