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.

Single Family Homes for Sale in Lake Villa, IL

Search for Single Family Residential for Sale in Lake Villa, 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 22 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
20634 W Siena Drive LAKE VILLA, IL This is a Cozy Ranch style house in a peaceful neighborhood. EVERYTHING was updated in th...	4 beds \| 1 baths \| 1,340 sq.ft.	$218,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 6.69% Airbnb Rental Income: $534 Traditional Rental Income: $2109 Airbnb ROI: -2.29% Traditional ROI: 6.69%
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.	$284,900	Airbnb cash on cash: 4.79% Traditional cash on cash: 5.39% Airbnb Rental Income: $2696 Traditional Rental Income: $2219 Airbnb ROI: 4.79% Traditional ROI: 5.39%
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.	$669,900	Airbnb cash on cash: -2.15% Traditional cash on cash: 1.45% Airbnb Rental Income: $534 Traditional Rental Income: $2508 Airbnb ROI: -2.15% Traditional ROI: 1.45%
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%
39460 N Park Avenue LAKE VILLA, IL Energy efficient dome home. Great wooded lot, multiple pins. Single Family Home. 2-bedro...	3 beds \| 2 baths \| 1,503 sq.ft.	$254,900	Airbnb cash on cash: 4.1% Traditional cash on cash: 5.74% Airbnb Rental Income: $2696 Traditional Rental Income: $2452 Airbnb ROI: 4.1% Traditional ROI: 5.74%
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: 2.11% Traditional cash on cash: 7.89% Airbnb Rental Income: $1158 Traditional Rental Income: $1552 Airbnb ROI: 2.11% Traditional ROI: 7.89%
18846 W Wooddale Trail LAKE VILLA, IL MOVE-IN READY! Recently Updated April 2025! Don't miss this spectacular 5BR/3BA home in th...	5 beds \| 3 baths \| 2,402 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $2996 Airbnb ROI: N/A Traditional ROI: 3.41%
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: 4.01% Traditional cash on cash: 6.12% Airbnb Rental Income: $2696 Traditional Rental Income: $2636 Airbnb ROI: 4.01% 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.	$397,500	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.34% Airbnb Rental Income: $1158 Traditional Rental Income: $2126 Airbnb ROI: -0.29% Traditional ROI: 3.34%
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: -2.85% Traditional cash on cash: 0.43% Airbnb Rental Income: $534 Traditional Rental Income: $4477 Airbnb ROI: -2.85% Traditional ROI: 0.43%

Your search for investment property begins and ends here

Single Family Homes for Sale in Lake Villa, IL

20634 W Siena Drive

LAKE VILLA, IL

4 beds | 1 baths | 1,340 sq.ft.

$218,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $534

Traditional Rental Income: $2109

Airbnb ROI: -2.29%

Traditional ROI: 6.69%

20862 W Genoa Avenue

LAKE VILLA, IL

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

$284,900

Airbnb cash on cash: 4.79%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $2696

Traditional Rental Income: $2219

Airbnb ROI: 4.79%

Traditional ROI: 5.39%

21990 W 6th Street

LAKE VILLA, IL

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

$669,900

Airbnb cash on cash: -2.15%

Traditional cash on cash: 1.45%

Airbnb Rental Income: $534

Traditional Rental Income: $2508

Airbnb ROI: -2.15%

Traditional ROI: 1.45%

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%

39460 N Park Avenue

LAKE VILLA, IL

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

$254,900

Airbnb cash on cash: 4.1%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $2696

Traditional Rental Income: $2452

Airbnb ROI: 4.1%

Traditional ROI: 5.74%

21584 West Lake Avenue

LAKE VILLA, IL

2 beds | 1 baths | 872 sq.ft.

$140,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $1158

Traditional Rental Income: $1552

Airbnb ROI: 2.11%

Traditional ROI: 7.89%

18846 W Wooddale Trail

LAKE VILLA, IL

5 beds | 3 baths | 2,402 sq.ft.

$480,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2996

Airbnb ROI: N/A

Traditional ROI: 3.41%

104 Oak Knoll Drive

LAKE VILLA, IL

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

$289,900

Airbnb cash on cash: 4.01%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $2696

Traditional Rental Income: $2636

Airbnb ROI: 4.01%