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
36879 N Deerview Drive LAKE VILLA, IL Welcome to this beautifully appointed traditional home offering space, style, and thoughtf...	4 beds \| 4 baths \| 3,811 sq.ft.	$599,750	Airbnb cash on cash: -3.48% Traditional cash on cash: 1.98% Airbnb Rental Income: $442 Traditional Rental Income: $3234 Airbnb ROI: -3.48% Traditional ROI: 1.98%
21990 W 6th Street 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.	$651,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 1.5% Airbnb Rental Income: $442 Traditional Rental Income: $2508 Airbnb ROI: -2.33% Traditional ROI: 1.5%
21339 W Morton Drive 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.	$309,000	Airbnb cash on cash: -2.52% Traditional cash on cash: 3.73% Airbnb Rental Income: $442 Traditional Rental Income: $1997 Airbnb ROI: -2.52% Traditional ROI: 3.73%
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...	3 beds \| 3 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%
1317 N Cedar Lake Road LAKE VILLA, IL	4 beds \| 4 baths \| 2,849 sq.ft.	$469,900	Airbnb cash on cash: -2.92% Traditional cash on cash: 4.02% Airbnb Rental Income: $442 Traditional Rental Income: $3234 Airbnb ROI: -2.92% Traditional ROI: 4.02%
38740 N Anderle Avenue LAKE VILLA, IL Build your retreat by the lake. Tons of potential on this 50x125 lot; Northern exposure of...	2 beds \| 1 baths \| 1,100 sq.ft.	$160,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 8.59% Airbnb Rental Income: $1158 Traditional Rental Income: $1747 Airbnb ROI: 2.24% Traditional ROI: 8.59%
37211 N Sistina Avenue LAKE VILLA, IL Great opportunity in this diamond in the rough located in unincorporated Lake Villa in the...	4 beds \| 4 baths \| 2,102 sq.ft.	$350,000	Airbnb cash on cash: -3.48% Traditional cash on cash: 5.82% Airbnb Rental Income: $442 Traditional Rental Income: $3234 Airbnb ROI: -3.48% Traditional ROI: 5.82%
21702 W Edgewood Avenue LAKE VILLA, IL Affordable Ranch has lake rights to Crooked Lake beach/park!! Move right in and enjoy! Hom...	2 beds \| 1 baths \| 868 sq.ft.	$170,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 7.34% Airbnb Rental Income: $1158 Traditional Rental Income: $1974 Airbnb ROI: -0.05% Traditional ROI: 7.34%

Real Estate investment in Lake-villa, IL

There are 18 properties for sale in the city of Lake Villa . The median list price in Lake Villa is $422,450 and the average price per square foot is $205. In March 2026, the average monthly cash on cash return in Lake Villa is 4.00%. The average monthly rental income in Lake Villa is $2,792.

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

There are 18 investment properties available for sale in Lake-villa.

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

The ROI for Long-Term is higher than the Short-Term in Lake-villa with average rental income of $2,792.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Villa, IL

36879 N Deerview Drive

LAKE VILLA, IL

4 beds | 4 baths | 3,811 sq.ft.

$599,750

Airbnb cash on cash: -3.48%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $442

Traditional Rental Income: $3234

Airbnb ROI: -3.48%

Traditional ROI: 1.98%

21990 W 6th Street

LAKE VILLA, IL

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

$651,000

Airbnb cash on cash: -2.33%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $442

Traditional Rental Income: $2508

Airbnb ROI: -2.33%

Traditional ROI: 1.5%

21339 W Morton Drive

LAKE VILLA, IL

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

$309,000

Airbnb cash on cash: -2.52%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $442

Traditional Rental Income: $1997

Airbnb ROI: -2.52%

Traditional ROI: 3.73%

23818 W Reindeer Trail

LAKE VILLA, IL

3 beds | 3 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%

1317 N Cedar Lake Road

LAKE VILLA, IL

4 beds | 4 baths | 2,849 sq.ft.

$469,900

Airbnb cash on cash: -2.92%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $442

Traditional Rental Income: $3234

Airbnb ROI: -2.92%

Traditional ROI: 4.02%

38740 N Anderle Avenue

LAKE VILLA, IL

2 beds | 1 baths | 1,100 sq.ft.

$160,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $1158

Traditional Rental Income: $1747

Airbnb ROI: 2.24%

Traditional ROI: 8.59%

37211 N Sistina Avenue

LAKE VILLA, IL

4 beds | 4 baths | 2,102 sq.ft.

$350,000

Airbnb cash on cash: -3.48%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $442

Traditional Rental Income: $3234

Airbnb ROI: -3.48%

Traditional ROI: 5.82%

21702 W Edgewood Avenue

LAKE VILLA, IL

2 beds | 1 baths | 868 sq.ft.

$170,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1158

Traditional Rental Income: $1974

Airbnb ROI: -0.05%