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
20862 W Genoa Avenue LAKE VILLA, IL Your Private Lakeside Retreat Awaits! Discover this beautifully updated 3-bedroom, 1.5-bat...	3 beds \| 2 baths \| 1,124 sq.ft.	$269,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 5.76% Airbnb Rental Income: $2213 Traditional Rental Income: $2219 Airbnb ROI: 3.54% Traditional ROI: 5.76%
21990 W 6th Street LAKE VILLA, IL 21990 W 6th St, Lake Villa, IL 60046 +Guest House +Waterfront +Dock! Welcome to you...	4 beds \| 2 baths \| 2,557 sq.ft.	$649,800	Airbnb cash on cash: -2.24% Traditional cash on cash: 1.53% Airbnb Rental Income: $494 Traditional Rental Income: $2508 Airbnb ROI: -2.24% Traditional ROI: 1.53%
25073 W Megan Court LAKE VILLA, IL Welcome to this CUSTOM BUILT, 5 bedroom, 3.5 bathroom executive home that will capture you...	5 beds \| 4 baths \| 3,044 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $3943 Airbnb ROI: N/A Traditional ROI: 3.37%
21584 West Lake Avenue LAKE VILLA, IL Unlock the potential of this charming Lake Villa home, just steps from local beaches and s...	2 beds \| 1 baths \| 872 sq.ft.	$140,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 7.89% Airbnb Rental Income: $1164 Traditional Rental Income: $1552 Airbnb ROI: 2.15% Traditional ROI: 7.89%
104 Oak Knoll Drive LAKE VILLA, IL Right in the center of downtown Lake Villa this 3-bedroom, 2-bath ranch in a highly desira...	3 beds \| 2 baths \| 2,375 sq.ft.	$289,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.12% Airbnb Rental Income: $2213 Traditional Rental Income: $2636 Airbnb ROI: 2.53% Traditional ROI: 6.12%
39532 N Il Route 59 LAKE VILLA, IL Check out this rare gem! Own a 72x30 heated steel building with a full foundation, featuri...	2 beds \| 2 baths \| 1,009 sq.ft.	$375,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.59% Airbnb Rental Income: $1164 Traditional Rental Income: $2126 Airbnb ROI: -0.23% Traditional ROI: 3.59%
36688 N Yew Tree Drive LAKE VILLA, IL STUNNING 5 bedroom 3.5 bathroom in desirable Stratton Oaks. Welcome to this elegant dream ...	5 beds \| 4 baths \| 4,085 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3940 Airbnb ROI: N/A Traditional ROI: 3.59%
38856 N Cedar Crest Drive LAKE VILLA, IL Welcome to your custom lakefront retreat on Petite Lake! Thoughtfully designed to maximize...	4 beds \| 4 baths \| 5,494 sq.ft.	$1,385,000	Airbnb cash on cash: -2.88% Traditional cash on cash: 0.43% Airbnb Rental Income: $494 Traditional Rental Income: $4477 Airbnb ROI: -2.88% Traditional ROI: 0.43%
23818 W Reindeer Trail LAKE VILLA, IL A rare opportunity to design your dream home in this quiet cul-de-sac in Lake Villa with a...	5 beds \| 3 baths \| 2,500 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $3162 Airbnb ROI: N/A Traditional ROI: 3.94%
36866 N NATHAN HALE Drive LAKE VILLA, IL Your Pinterest Board, But Make It Real Life This 3-bedroom stunner isn't just a starter ...	3 beds \| 1 baths \| 1,196 sq.ft.	$230,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.27% Airbnb Rental Income: $2213 Traditional Rental Income: $1954 Airbnb ROI: 3.9% Traditional ROI: 5.27%
37642 N Amber Way LAKE VILLA, IL Looking for style, space and comfort in a well sought after neighborhood...Look no more. T...	3 beds \| 3 baths \| 3,560 sq.ft.	$400,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.79% Airbnb Rental Income: $2213 Traditional Rental Income: $2602 Airbnb ROI: 1.26% Traditional ROI: 3.79%
18 Sheehan Drive LAKE VILLA, IL SO. MUCH. HAS. BEEN. DONE!!!! This hidden Lake Villa gem has been updated over the last 5 ...	4 beds \| 3 baths \| 1,800 sq.ft.	$397,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 4.46% Airbnb Rental Income: $494 Traditional Rental Income: $2914 Airbnb ROI: -2.77% Traditional ROI: 4.46%

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 $386,000 and the average price per square foot is $163. In October 2025, the average monthly cash on cash return in Lake Villa is 4.00%. The average monthly rental income in Lake Villa is $2,625.

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

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

In 2025, 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 $2,213.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Villa, IL

20862 W Genoa Avenue

LAKE VILLA, IL

3 beds | 2 baths | 1,124 sq.ft.

$269,000

Airbnb cash on cash: 3.54%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $2213

Traditional Rental Income: $2219

Airbnb ROI: 3.54%

Traditional ROI: 5.76%

21990 W 6th Street

LAKE VILLA, IL

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

$649,800

Airbnb cash on cash: -2.24%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $494

Traditional Rental Income: $2508

Airbnb ROI: -2.24%

Traditional ROI: 1.53%

25073 W Megan Court

LAKE VILLA, IL

5 beds | 4 baths | 3,044 sq.ft.

$625,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.37%

Airbnb Rental Income: $null

Traditional Rental Income: $3943

Airbnb ROI: N/A

Traditional ROI: 3.37%

21584 West Lake Avenue

LAKE VILLA, IL

2 beds | 1 baths | 872 sq.ft.

$140,000

Airbnb cash on cash: 2.15%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $1164

Traditional Rental Income: $1552

Airbnb ROI: 2.15%

Traditional ROI: 7.89%

104 Oak Knoll Drive

LAKE VILLA, IL

3 beds | 2 baths | 2,375 sq.ft.

$289,900

Airbnb cash on cash: 2.53%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $2213

Traditional Rental Income: $2636

Airbnb ROI: 2.53%

Traditional ROI: 6.12%

39532 N Il Route 59

LAKE VILLA, IL

2 beds | 2 baths | 1,009 sq.ft.

$375,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1164

Traditional Rental Income: $2126

Airbnb ROI: -0.23%

Traditional ROI: 3.59%

36688 N Yew Tree Drive

LAKE VILLA, IL

5 beds | 4 baths | 4,085 sq.ft.

$569,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3940

Airbnb ROI: N/A

Traditional ROI: 3.59%

38856 N Cedar Crest Drive

LAKE VILLA, IL

4 beds | 4 baths | 5,494 sq.ft.

$1,385,000

Airbnb cash on cash: -2.88%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $494

Traditional Rental Income: $4477

Airbnb ROI: -2.88%