Real Estate Investment Properties for Sale in Lincoln, IL

Looking for investment property in Lincoln, IL with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
229 Welch Dr Lincoln, IL Situated on corner lot ~ Vredenburg subdivision~ Ranch Style~ with 3 car attached garage~...	3 beds \| 1 baths \| 995 sq.ft.	$145,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 8.82% Airbnb Rental Income: $1084 Traditional Rental Income: $1677 Airbnb ROI: 1.89% Traditional ROI: 8.82%
929 Decatur St Lincoln, IL 929 Decatur St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,928 sq.ft.	$199,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.88% Airbnb Rental Income: $1084 Traditional Rental Income: $2200 Airbnb ROI: 0.05% Traditional ROI: 7.88%
113 N Kickapoo St Lincoln, IL Step into a beautifully updated residential/commercial flex property in the heart of downt...	3 beds \| 2 baths \| 12,000 sq.ft.	$585,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.43% Airbnb Rental Income: $1084 Traditional Rental Income: $1937 Airbnb ROI: -0.8% Traditional ROI: 1.43%
710 N Jefferson St Lincoln, IL 710 N Jefferson St, Lincoln, IL 62656 \| Single Family Residential	2 beds \| 2 baths \| 1,990 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $1925 Airbnb ROI: N/A Traditional ROI: 3.49%
1450? Woodlawn Rd Lincoln, IL 1450? Woodlawn Rd, Lincoln, IL 62656 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.89% Airbnb Rental Income: $null Traditional Rental Income: $756 Airbnb ROI: N/A Traditional ROI: -0.89%
1020 N Postville Dr #1050 Lincoln, IL 1020 N Postville Dr #1050, Lincoln, IL 62656 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $860 Airbnb ROI: N/A Traditional ROI: 2.13%
912 Woodlawn Rd Lincoln, IL 912 Woodlawn Rd, Lincoln, IL 62656 \| Other	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 3.08%
12 Pheasant Run Lincoln, IL 12 Pheasant Run, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 2,333 sq.ft.	$265,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 5.15% Airbnb Rental Income: $1084 Traditional Rental Income: $2190 Airbnb ROI: -0.75% Traditional ROI: 5.15%
414 S Mclean St Lincoln, IL 414 S Mclean St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,181 sq.ft.	$129,500	Airbnb cash on cash: 1.78% Traditional cash on cash: 7.9% Airbnb Rental Income: $1084 Traditional Rental Income: $1476 Airbnb ROI: 1.78% Traditional ROI: 7.9%
1881 Old State Route 121 Lincoln, IL 1881 Old State Route 121, Lincoln, IL 62656 \| Single Family Residential	5 beds \| 1 baths \| 1,778 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $1758 Airbnb ROI: N/A Traditional ROI: 6%
212 Palmer Ave Lincoln, IL 212 Palmer Ave, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 1 baths \| 974 sq.ft.	$135,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 8.38% Airbnb Rental Income: $1084 Traditional Rental Income: $1595 Airbnb ROI: 1.59% Traditional ROI: 8.38%
133 Ball Dr Lincoln, IL 133 Ball Dr, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 3 baths \| 2,034 sq.ft.	$379,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 3.9% Airbnb Rental Income: $1084 Traditional Rental Income: $2633 Airbnb ROI: -1.5% Traditional ROI: 3.9%
6 Rigg Dr Lincoln, IL 6 Rigg Dr, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 1 baths \| 1,980 sq.ft.	$210,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.9% Airbnb Rental Income: $1084 Traditional Rental Income: $1712 Airbnb ROI: -0.11% Traditional ROI: 4.9%
2630 14th St Lincoln, IL 2630 14th St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,872 sq.ft.	$199,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 8.25% Airbnb Rental Income: $1084 Traditional Rental Income: $2261 Airbnb ROI: 0.06% Traditional ROI: 8.25%
110 Edgar St Lincoln, IL 110 Edgar St, Lincoln, IL 62656 \| Single Family Residential	2 beds \| 2 baths \| 1,486 sq.ft.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $1963 Airbnb ROI: N/A Traditional ROI: 1.87%
213 Woodlawn Rd Lincoln, IL 213 Woodlawn Rd, Lincoln, IL 62656 \| Single Family Residential	4 beds \| 2 baths \| 2,064 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2454 Airbnb ROI: N/A Traditional ROI: 5.4%
27 Tulip Dr Lincoln, IL 27 Tulip Dr, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 1 baths \| 982 sq.ft.	$119,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 9.85% Airbnb Rental Income: $1084 Traditional Rental Income: $1592 Airbnb ROI: 2.21% Traditional ROI: 9.85%
1015 1275th Ave Lincoln, IL 1015 1275th Ave, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 1 baths \| 1,782 sq.ft.	$275,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3% Airbnb Rental Income: $1084 Traditional Rental Income: $1711 Airbnb ROI: -0.84% Traditional ROI: 3%
405 S State St Lincoln, IL 405 S State St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 1 baths \| 1,425 sq.ft.	$155,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 8.44% Airbnb Rental Income: $1084 Traditional Rental Income: $1820 Airbnb ROI: 0.98% Traditional ROI: 8.44%
317 4th St Lincoln, IL 317 4th St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,771 sq.ft.	$165,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 10.18% Airbnb Rental Income: $1084 Traditional Rental Income: $2202 Airbnb ROI: 0.73% Traditional ROI: 10.18%
245 Regent Lincoln, IL 245 Regent, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,405 sq.ft.	$189,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 7.75% Airbnb Rental Income: $1084 Traditional Rental Income: $2065 Airbnb ROI: 0.23% Traditional ROI: 7.75%
804 N Ottawa St Lincoln, IL 804 N Ottawa St, Lincoln, IL 62656 \| Single Family Residential	4 beds \| 2 baths \| 1,964 sq.ft.	$199,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $2413 Airbnb ROI: N/A Traditional ROI: 9.03%
922 N Kankakee St Lincoln, IL 922 N Kankakee St, Lincoln, IL 62656 \| Single Family Residential	2 beds \| 1 baths \| 1,097 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.28% Airbnb Rental Income: $null Traditional Rental Income: $1421 Airbnb ROI: N/A Traditional ROI: 8.28%
433 8th St Lincoln, IL 433 8th St, Lincoln, IL 62656 \| Single Family Residential	4 beds \| 1 baths \| 1,510 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.48% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 11.48%
1505 4th St Lincoln, IL 1505 4th St, Lincoln, IL 62656 \| Single Family Residential	2 beds \| 1 baths \| 947 sq.ft.	$89,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.4% Airbnb Rental Income: $null Traditional Rental Income: $1275 Airbnb ROI: N/A Traditional ROI: 10.4%
1017 N Logan St Lincoln, IL 1017 N Logan St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 3,960 sq.ft.	$320,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.28% Airbnb Rental Income: $1084 Traditional Rental Income: $1454 Airbnb ROI: -1.18% Traditional ROI: 1.28%
0 1300th St Lincoln, IL 0 1300th St, Lincoln, IL 62656 \| Other	N/A beds \| N/A baths \| N/A	$3,888,750	Airbnb cash on cash: N/A Traditional cash on cash: -3.04% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: -3.04%
1516 N Union St Lincoln, IL 1516 N Union St, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 2,985 sq.ft.	$389,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 3.07% Airbnb Rental Income: $1084 Traditional Rental Income: $2397 Airbnb ROI: -1.54% Traditional ROI: 3.07%
46 Illini Dr Lincoln, IL 46 Illini Dr, Lincoln, IL 62656 \| Single Family Residential	3 beds \| 2 baths \| 1,652 sq.ft.	$375,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 2.86% Airbnb Rental Income: $1084 Traditional Rental Income: $2242 Airbnb ROI: -1.48% Traditional ROI: 2.86%

Real Estate investment in Lincoln, IL

There are 29 properties for sale in the city of Lincoln . The median list price in Lincoln is $119,928 and the average price per square foot is $56. In August 2026, the average monthly cash on cash return in Lincoln is 12.00%. The average monthly rental income in Lincoln is $1,712.

Lincoln, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Lincoln.

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

The ROI for Long-Term is higher than the Short-Term in Lincoln with average rental income of $1,712.

Your search for investment property begins and ends here

Investment Property for Sale in Lincoln, IL

229 Welch Dr

Lincoln, IL

3 beds | 1 baths | 995 sq.ft.

$145,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 8.82%

Airbnb Rental Income: $1084

Traditional Rental Income: $1677

Airbnb ROI: 1.89%

Traditional ROI: 8.82%

929 Decatur St

Lincoln, IL

3 beds | 2 baths | 1,928 sq.ft.

$199,900

Airbnb cash on cash: 0.05%

Traditional cash on cash: 7.88%

Airbnb Rental Income: $1084

Traditional Rental Income: $2200

Airbnb ROI: 0.05%

Traditional ROI: 7.88%

113 N Kickapoo St

Lincoln, IL

3 beds | 2 baths | 12,000 sq.ft.

$585,900

Airbnb cash on cash: -0.8%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $1084

Traditional Rental Income: $1937

Airbnb ROI: -0.8%

Traditional ROI: 1.43%

710 N Jefferson St

Lincoln, IL

2 beds | 2 baths | 1,990 sq.ft.

$289,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.49%

Airbnb Rental Income: $null

Traditional Rental Income: $1925

Airbnb ROI: N/A

Traditional ROI: 3.49%

1450? Woodlawn Rd

Lincoln, IL

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

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.89%

Airbnb Rental Income: $null

Traditional Rental Income: $756

Airbnb ROI: N/A

Traditional ROI: -0.89%

1020 N Postville Dr #1050

Lincoln, IL

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

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.13%

Airbnb Rental Income: $null

Traditional Rental Income: $860

Airbnb ROI: N/A

Traditional ROI: 2.13%

912 Woodlawn Rd

Lincoln, IL

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

$130,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.08%

Airbnb Rental Income: $null

Traditional Rental Income: $879

Airbnb ROI: N/A

Traditional ROI: 3.08%

12 Pheasant Run

Lincoln, IL

3 beds | 2 baths | 2,333 sq.ft.

$265,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1084

Traditional Rental Income: $2190

Airbnb ROI: -0.75%