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.

Single Family Homes for Sale in Lake Carroll, IL

Search for Single Family Residential for Sale in Lake Carroll, Illinois. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 20 Single Family Residential 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
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%

Your search for investment property begins and ends here

Single Family Homes 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