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
25194 W Buena Ave LAKE VILLA, IL ALMOST NEW! NEW CARPETING, JUST PAINTED, NEW STAINLESS STEEL APPLIANCES! HARDWOOD FLOORS S...	3 beds \| 2 baths \| 2,408 sq.ft.	$439,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.81% Airbnb Rental Income: $1620 Traditional Rental Income: $2345 Airbnb ROI: -0.07% Traditional ROI: 2.81%
284 Northwind Dr LAKE VILLA, IL Back on the market! Welcome to Winddance Subdivision in highly sought-after Thompson, Palo...	4 beds \| 2 baths \| 2,788 sq.ft.	$420,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 3.78% Airbnb Rental Income: $3812 Traditional Rental Income: $3124 Airbnb ROI: 3.43% Traditional ROI: 3.78%
34871 N Lake Shore Dr LAKE VILLA, IL Motivated seller. Bring offer!Builders home set on a beautiful 3/4 of an acre corner lot w...	N/A beds \| N/A baths \| 2,236 sq.ft.	$385,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 0.78% Airbnb Rental Income: $1649 Traditional Rental Income: $1242 Airbnb ROI: 0.62% Traditional ROI: 0.78%
37137 N Summerfield Dr LAKE VILLA, IL Great brick ranch, 3 bedrooms, 1 1/2 baths. Room for entertaining. lake rights, low taxes!...	3 beds \| 1 baths \| 1,000 sq.ft.	$269,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.93% Airbnb Rental Income: $1620 Traditional Rental Income: $1898 Airbnb ROI: 2.03% Traditional ROI: 4.93%
25378 W Park Ct LAKE VILLA, IL Welcome to this beautifully maintained 4-bedroom, 2-bath home nestled in the highly sought...	4 beds \| 2 baths \| 1,973 sq.ft.	$379,999	Airbnb cash on cash: 5.75% Traditional cash on cash: 4.86% Airbnb Rental Income: $3812 Traditional Rental Income: $2673 Airbnb ROI: 5.75% Traditional ROI: 4.86%
2070 N Masters Ln LAKE VILLA, IL This well maintained home has 4 Bedrooms with a small loft area that could be used for off...	4 beds \| 2 baths \| 1,989 sq.ft.	$395,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 3.14% Airbnb Rental Income: $3812 Traditional Rental Income: $2554 Airbnb ROI: 4.31% Traditional ROI: 3.14%
21990 W 6th St LAKE VILLA, IL 21990 W 6th St, Lake Villa, IL 60046 6 bedrooms 3 bathrooms total in both units! +Guest Ho...	6 beds \| 3 baths \| 2,557 sq.ft.	$594,999	Airbnb cash on cash: 1.39% Traditional cash on cash: 1.74% Airbnb Rental Income: $3007 Traditional Rental Income: $2508 Airbnb ROI: 1.39% Traditional ROI: 1.74%
355 Woodhill Ln LAKE VILLA, IL Beautiful, unique property. Exceptional quality and luxury details new constructions home ...	3 beds \| 2 baths \| 2,550 sq.ft.	$484,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.49% Airbnb Rental Income: $1620 Traditional Rental Income: $2722 Airbnb ROI: 1.05% Traditional ROI: 4.49%
1133 Wilshire Lane LAKE VILLA, IL Wonderful Lake Villa Location!!! 6 Beds, 3 Full Bath, 2 Story Home Renovated with Top of t...	4 beds \| 4 baths \| 2,671 sq.ft.	$535,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 3.86% Airbnb Rental Income: $3812 Traditional Rental Income: $3436 Airbnb ROI: 2.96% Traditional ROI: 3.86%
38856 N Cedar Crest Dr LAKE VILLA, IL Welcome to this custom-built lakefront home, ideally located near the desirable Petite Lak...	4 beds \| 3 baths \| 5,494 sq.ft.	$1,395,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.42% Airbnb Rental Income: $3812 Traditional Rental Income: $4477 Airbnb ROI: -0.73% Traditional ROI: 0.42%
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: 0.77% Traditional cash on cash: 4.35% Airbnb Rental Income: $1620 Traditional Rental Income: $3162 Airbnb ROI: 0.77% Traditional ROI: 4.35%
25462 W Arcade Dr S LAKE VILLA, IL Completely renovated and move-in ready! This beautifully updated 3-bedroom home sits on a ...	3 beds \| 1 baths \| 1,804 sq.ft.	$279,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 4.14% Airbnb Rental Income: $1620 Traditional Rental Income: $1972 Airbnb ROI: 1.06% Traditional ROI: 4.14%
35697 N US Highway 45 LAKE VILLA, IL 35697 N US Highway 45, LAKE VILLA, IL 60046 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$975,900	Airbnb cash on cash: -2.05% Traditional cash on cash: -2.14% Airbnb Rental Income: $1649 Traditional Rental Income: $1112 Airbnb ROI: -2.05% Traditional ROI: -2.14%
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: 4.93% Traditional cash on cash: 1.35% Airbnb Rental Income: $1649 Traditional Rental Income: $705 Airbnb ROI: 4.93% Traditional ROI: 1.35%
36225 N Hwy. 45 LAKE VILLA, IL 36225 N Hwy. 45, LAKE VILLA, IL 60046 \| Other	N/A beds \| N/A baths \| N/A	$6,500,000	Airbnb cash on cash: -3.08% Traditional cash on cash: -3.15% Airbnb Rental Income: $1649 Traditional Rental Income: $788 Airbnb ROI: -3.08% Traditional ROI: -3.15%
36113 N Hwy. 45 LAKE VILLA, IL 36113 N Hwy. 45, LAKE VILLA, IL 60046 \| Other	N/A beds \| N/A baths \| N/A	$1,999,000	Airbnb cash on cash: -2.67% Traditional cash on cash: -2.89% Airbnb Rental Income: $1649 Traditional Rental Income: $788 Airbnb ROI: -2.67% Traditional ROI: -2.89%
38740 N Anderle Ave LAKE VILLA, IL Create your own private lake retreat - and explore the opportunity to turn it into an inco...	2 beds \| 1 baths \| 1,100 sq.ft.	$160,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 8.59% Airbnb Rental Income: $1328 Traditional Rental Income: $1747 Airbnb ROI: 3.17% Traditional ROI: 8.59%
37544 N Columbus Ave LAKE VILLA, IL Completely remodeled and move-in ready, this beautifully updated 4-bedroom, 2-bath Cape Co...	4 beds \| 2 baths \| 1,474 sq.ft.	$299,000	Airbnb cash on cash: 7.63% Traditional cash on cash: 4.44% Airbnb Rental Income: $3812 Traditional Rental Income: $2090 Airbnb ROI: 7.63% Traditional ROI: 4.44%
2788 Spring Circle South LAKE VILLA, IL 2788 Spring Cir S, LAKE VILLA, IL 60046 \| Single Family Residential	3 beds \| 3 baths \| 1,963 sq.ft.	$516,427	Airbnb cash on cash: -1.49% Traditional cash on cash: 1.33% Airbnb Rental Income: $1620 Traditional Rental Income: $2525 Airbnb ROI: -1.49% Traditional ROI: 1.33%
406 Monaville Rd LAKE VILLA, IL 406 Monaville Rd, LAKE VILLA, IL 60046 \| Other	N/A beds \| N/A baths \| N/A	$1,800,000	Airbnb cash on cash: -2.61% Traditional cash on cash: -2.84% Airbnb Rental Income: $1649 Traditional Rental Income: $803 Airbnb ROI: -2.61% Traditional ROI: -2.84%
24903 W Oak Ave LAKE VILLA, IL Unlock the ultimate Chain O' Lakes lifestyle without the exorbitant waterfront tax burden!...	4 beds \| 2 baths \| 2,112 sq.ft.	$344,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 4.46% Airbnb Rental Income: $3812 Traditional Rental Income: $2644 Airbnb ROI: 5.52% Traditional ROI: 4.46%
25640 W Wacker Dr LAKE VILLA, IL 25640 W Wacker Dr, LAKE VILLA, IL 60046 \| Single Family Residential	4 beds \| 2 baths \| 1,817 sq.ft.	$350,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 2.98% Airbnb Rental Income: $3812 Traditional Rental Income: $2153 Airbnb ROI: 5.52% Traditional ROI: 2.98%
360 Southwind Ct LAKE VILLA, IL 360 Southwind Ct, LAKE VILLA, IL 60046 \| Single Family Residential	5 beds \| 2 baths \| 2,792 sq.ft.	$460,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.43% Airbnb Rental Income: $3007 Traditional Rental Income: $2548 Airbnb ROI: 1.89% Traditional ROI: 2.43%
25655 W Arcade Dr LAKE VILLA, IL 25655 W Arcade Dr, LAKE VILLA, IL 60046 \| Single Family Residential	3 beds \| 2 baths \| 1,383 sq.ft.	$220,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.71% Airbnb Rental Income: $1620 Traditional Rental Income: $1965 Airbnb ROI: 1.85% Traditional ROI: 5.71%

Real Estate investment in Lake-villa, IL

There are 66 properties for sale in the city of Lake Villa . The median list price in Lake Villa is $414,752 and the average price per square foot is $190. In August 2026, the average monthly cash on cash return in Lake Villa is 4.00%. The average monthly rental income in Lake Villa is $2,343.

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

There are 66 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 $2,343.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Villa, IL

25194 W Buena Ave

LAKE VILLA, IL

3 beds | 2 baths | 2,408 sq.ft.

$439,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1620

Traditional Rental Income: $2345

Airbnb ROI: -0.07%

Traditional ROI: 2.81%

284 Northwind Dr

LAKE VILLA, IL

4 beds | 2 baths | 2,788 sq.ft.

$420,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $3812

Traditional Rental Income: $3124

Airbnb ROI: 3.43%

Traditional ROI: 3.78%

34871 N Lake Shore Dr

LAKE VILLA, IL

N/A beds | N/A baths | 2,236 sq.ft.

$385,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $1649

Traditional Rental Income: $1242

Airbnb ROI: 0.62%

Traditional ROI: 0.78%

37137 N Summerfield Dr

LAKE VILLA, IL

3 beds | 1 baths | 1,000 sq.ft.

$269,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $1620

Traditional Rental Income: $1898

Airbnb ROI: 2.03%

Traditional ROI: 4.93%

25378 W Park Ct

LAKE VILLA, IL

4 beds | 2 baths | 1,973 sq.ft.

$379,999

Airbnb cash on cash: 5.75%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $3812

Traditional Rental Income: $2673

Airbnb ROI: 5.75%

Traditional ROI: 4.86%

2070 N Masters Ln

LAKE VILLA, IL

4 beds | 2 baths | 1,989 sq.ft.

$395,000

Airbnb cash on cash: 4.31%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $3812

Traditional Rental Income: $2554

Airbnb ROI: 4.31%

Traditional ROI: 3.14%

21990 W 6th St

LAKE VILLA, IL

6 beds | 3 baths | 2,557 sq.ft.

$594,999

Airbnb cash on cash: 1.39%

Traditional cash on cash: 1.74%

Airbnb Rental Income: $3007

Traditional Rental Income: $2508

Airbnb ROI: 1.39%

Traditional ROI: 1.74%

355 Woodhill Ln

LAKE VILLA, IL

3 beds | 2 baths | 2,550 sq.ft.

$484,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1620

Traditional Rental Income: $2722

Airbnb ROI: 1.05%