Real Estate Investment Properties for Sale in Lake Villa, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
37146 N Sistina Ave LAKE VILLA, IL Completely remodeled cabin style home with a spacious and beautiful family living area for...	4 beds \| 2 baths \| 1,630 sq.ft.	$299,900	Airbnb cash on cash: -2.26% Traditional cash on cash: 6.98% Airbnb Rental Income: $442 Traditional Rental Income: $2786 Airbnb ROI: -2.26% Traditional ROI: 6.98%
36719 N Lawrence Dr LAKE VILLA, IL Alert! The reserve price is being revealed on this property so you will know the bid to b...	3 beds \| 2 baths \| 1,433 sq.ft.	$279,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.58% Airbnb Rental Income: $1107 Traditional Rental Income: $1889 Airbnb ROI: -0.82% Traditional ROI: 3.58%
21990 W 6th St LAKE VILLA, IL 21990 W 6th St, Lake Villa, IL 60046 +Guest House +Waterfront +Dock! Welcome to your dream...	4 beds \| 2 baths \| 2,557 sq.ft.	$649,800	Airbnb cash on cash: -2.33% Traditional cash on cash: 1.51% Airbnb Rental Income: $442 Traditional Rental Income: $2508 Airbnb ROI: -2.33% Traditional ROI: 1.51%
21339 W Morton Dr LAKE VILLA, IL This beautifully maintained single-level ranch is nestled in a peaceful, country-like sett...	4 beds \| 2 baths \| 1,384 sq.ft.	$312,000	Airbnb cash on cash: -2.49% Traditional cash on cash: 3.65% Airbnb Rental Income: $442 Traditional Rental Income: $1997 Airbnb ROI: -2.49% Traditional ROI: 3.65%
39460 N Park Avenue LAKE VILLA, IL Energy efficient dome home. Great wooded lot, multiple pins. Single Family Home. 2-bedroom...	3 beds \| 2 baths \| 1,503 sq.ft.	$219,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 6.78% Airbnb Rental Income: $1107 Traditional Rental Income: $2452 Airbnb ROI: -1.47% Traditional ROI: 6.78%
23818 W Reindeer Trl LAKE VILLA, IL A rare opportunity to design your dream home in this quiet cul-de-sac in Lake Villa with a...	3 beds \| 2 baths \| 2,500 sq.ft.	$599,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.35% Airbnb Rental Income: $1107 Traditional Rental Income: $3162 Airbnb ROI: 0.01% Traditional ROI: 4.35%
0 Park Ave LAKE VILLA, IL 0 Park Ave, LAKE VILLA, IL 60046 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.35% Airbnb Rental Income: $1015 Traditional Rental Income: $705 Airbnb ROI: 0.99% Traditional ROI: 1.35%
645 Northwind Lane LAKE VILLA, IL This beautifully updated home features neutral color palettes and features a versatile flo...	5 beds \| 5 baths \| 4,211 sq.ft.	$539,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 6.91% Airbnb Rental Income: $2769 Traditional Rental Income: $5266 Airbnb ROI: 0.66% Traditional ROI: 6.91%

Real Estate investment in Lake-villa, IL

There are 23 properties for sale in the city of Lake Villa . The median list price in Lake Villa is $179,900 and the average price per square foot is $197. In February 2026, the average monthly cash on cash return in Lake Villa is 5.00%. The average monthly rental income in Lake Villa is $2,431.

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

There are 23 investment properties available for sale in Lake-villa.

In 2026, the best neighborhood to buy investment property is LAKE VILLA.

The ROI for Short-Term is higher than the Long-Term in Lake-villa with average rental income of $1,015.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Villa, IL

37146 N Sistina Ave

LAKE VILLA, IL

4 beds | 2 baths | 1,630 sq.ft.

$299,900

Airbnb cash on cash: -2.26%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $442

Traditional Rental Income: $2786

Airbnb ROI: -2.26%

Traditional ROI: 6.98%

36719 N Lawrence Dr

LAKE VILLA, IL

3 beds | 2 baths | 1,433 sq.ft.

$279,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1107

Traditional Rental Income: $1889

Airbnb ROI: -0.82%

Traditional ROI: 3.58%

21990 W 6th St

LAKE VILLA, IL

4 beds | 2 baths | 2,557 sq.ft.

$649,800

Airbnb cash on cash: -2.33%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $442

Traditional Rental Income: $2508

Airbnb ROI: -2.33%

Traditional ROI: 1.51%

21339 W Morton Dr

LAKE VILLA, IL

4 beds | 2 baths | 1,384 sq.ft.

$312,000

Airbnb cash on cash: -2.49%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $442

Traditional Rental Income: $1997

Airbnb ROI: -2.49%

Traditional ROI: 3.65%

39460 N Park Avenue

LAKE VILLA, IL

3 beds | 2 baths | 1,503 sq.ft.

$219,900

Airbnb cash on cash: -1.47%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1107

Traditional Rental Income: $2452

Airbnb ROI: -1.47%

Traditional ROI: 6.78%

23818 W Reindeer Trl

LAKE VILLA, IL

3 beds | 2 baths | 2,500 sq.ft.

$599,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1107

Traditional Rental Income: $3162

Airbnb ROI: 0.01%

Traditional ROI: 4.35%

0 Park Ave

LAKE VILLA, IL

N/A beds | N/A baths | N/A

$139,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $1015

Traditional Rental Income: $705

Airbnb ROI: 0.99%

Traditional ROI: 1.35%

645 Northwind Lane

LAKE VILLA, IL

5 beds | 5 baths | 4,211 sq.ft.

$539,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $2769

Traditional Rental Income: $5266

Airbnb ROI: 0.66%